Asia Opportunities V (Mauritius) is likely to sell 1.29 crore shares of PNB Housing Finance through block deals, aiming to raise $132 million from the sale, Bloomberg reported on August 22.
According to the report, the deal will have a base offering size of 78 lakh shares with an option to upsize by 51 lakh shares. The shares are likely to be offered at a floor price of Rs 858 rupees, a discount of 4 percent from the previous close of Rs 892.85.
Goldman Sachs will be managing the deal.
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