General Atlantic Group News

Industry

PNB terminates agreements to sell stake in housing finance arm

The bank said it will continue to be the sole promoter of PNB Housing Finance post the termination of the pactsIn March, the bank had entered into 2 independent agreements for selling 1.08 crore of its equity shares held in PNBHF each to General Atlantic Group and Varde Partners at ₹850 apiece

1 min read16 May 2019
News

CCI approves General Atlantic's 6.5% stake buy in PNB Housing Finance

PNB had entered into agreement for sale of 1,08,91,733 equity shares held in PNBHF to General Atlantic Group at ₹850 per shareAccording to the shareholding pattern as of March quarter, PNB held 32.79% stake in PNBHF

1 min read8 May 2019

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