Warburg Pincus divests 1.3% stake in IDFC Bank worth ₹790 crore via block deal
The transaction between the companies were finalised at ₹86.1 per share, totalling to ₹790 crore.
United States-based private equity firm Warburg Pincus has divested a partial stake in IDFC Bank on Thursday, December 7 through a block deal. The US private equity firm, through its affiliate company Dayside Investment, has sold 1.3% stake or 9.17 crore shares in the private lender.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started