Carlyle Group Sells $133m Stake in YES Bank

Shares of YES Bank Ltd will be in focus on Friday morning after bulk deals data showed a Carlyle Group entity sold equity stake worth Rs 1,056.90 crore in the private bank through open market transaction. The entity CA Basque Investments sold 3,90,000,000 YES Bank shares, or 1.35 per cent stake, at an average price of Rs 27.10 per share, BSE bulk deal data showed.

The Carlyle Group entity owned 1,84,80,77,851 YES Bank shares, or 6.43 per cent stake, as of December 31.  Its holding in the private bank has now fallen to 5.08 per cent.

Morgan Stanley Asia (Singapore) PTE was seen buying 306,305,668 shares at Rs 27.10 a piece worth Rs 830 crore, as per BSE bulk deals.

Facebook
Twitter
LinkedIn
WhatsApp
Email