Private Equity

Liquidity Events

Asia Opportunities Fund sells 3% stake in PNB Housing for Rs.676-cr

Economic Times  

Asia Opportunities V (Mauritius) has sold a 3% stake in PNB Housing Finance for INR 676 crore in an open market transaction. It had sold 78 lakh shares at INR 866.70 apiece. After the stake sale, the shareholding of Asia Opportunities V (Mauritius) in PNB Housing Finance has reduced to 2.19 % from 5.19 %.The Government of Singapore purchased 16 lakh shares in PNB Housing Finance for INR 143.74 crore.