PNB pares stake in PNB Housing, raises Rs 1,851 crore

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 The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2FDLE30