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HomeNewsBusinessStocksCarlyle Group likely to sell 2% stake worth Rs 1,500 crore in Yes Bank via block deal
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Carlyle Group likely to sell 2% stake worth Rs 1,500 crore in Yes Bank via block deal

The deal is likely to be launched today. Goldman Sachs is said to be the broker to the deal, sources added.

May 03, 2024 / 07:56 IST
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Carlyle holds 8.74 percent stake in Yes Bank

Carlyle Group is likely looking to sell 2 percent stake worth Rs 1,500 crore in Yes Bank via block deal, sources told CNBC-TV 18 on May 2.

The deal is likely to be launched today. Goldman Sachs is said to be the broker to the deal, sources added.

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Carlyle holds 8.74 percent stake in Yes Bank (post warrant conversion). The stake is held by entity named CA Basque Investments.

Shares of Yes Bank on May 2 closed nearly 3 percent lower at Rs 25.44 apiece on BSE.