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US' Carlyle Group sells entire stake in PNB Housing for ₹2,600 cr
short by Shristi Acharya / on Sunday, 4 May, 2025
US firm Carlyle Group sold its entire 10.44% stake in PNB Housing Finance through block deals, raising up to $308 million (over ₹2,600 crore). Carlyle was the second-largest shareholder in PNB Housing, holding its stake through an affiliate, Quality Investment Holdings, a report stated. Quality Investment sold over 1.73 crore shares of PNB Housing, and Carlyle sold 98.07 lakh shares.
read more at Reuters