Housing arm sale: PNB’s deal with Varde, General Atlantic falls through

Punjab National Bank (PNB) on Thursday said it has terminated the share purchase agreements (SPAs) made with Varde Holdings and General Atlantic for a 13% stake sale in PNB Housing Finance, which was announced on March 29.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2JorTkn