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PNB to sell stake in PNB Housing to General Atlantic, Varde Partners for Rs 1,851 cr

PNB to sell stake in PNB Housing to General Atlantic, Varde Partners for Rs 1,851 cr As per the agreement, PNB will sell 1,08,91,733 equity shares held in PNB Housing Finance Ltd (PNBHF) to General Atlantic Group at a price of Rs 850 per share, aggregating to Rs 925.80 crore.

from Moneycontrol Business News https://ift.tt/2YyI8Qk
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