Tue, Dec 23, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Khazanah exits YES Bank via $110-mn block deal‎

Posted on 13 March 2012

Rana KapoorMalaysia’s state investment arm, Khazanah Nasional, on Monday sold its entire holding in private sector lender YES Bank for about $110 million through block deals.
As on December 2011, Titiwangsa Investments Mauritius, an investment arm of Khazanah, held 14.7 million shares in Mumbai-based YES Bank. Khazanah had purchased the shares through secondary market in 2007 and had monetised its entire holding of 4.17 per cent, at approximately two-and-a-half times their original investment value,” YES Bank said in statement………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15441 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031