Punjab National Bank (BSE:532461) has appointed merchant bankers to sell a controlling stake in PNB Housing Finance Limited (BSE:540173), a top bank official has said. The deal is expected to be finalised in the next few months, the official added. Last week, the bank and The Carlyle Group L.P. (NasdaqGS:CG), which owns over 32% in PNB Housing Finance, had announced their plans to sell at least 51% stake in the company.
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
792 INR | -2.08% |
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+0.80% | +1.43% |
06-21 | Two Investors Divest Stake in PNB Housing Finance | MT |
06-19 | General Atlantic, Asia Opportunities V Reportedly to Sell 4% Stake Worth INR 8,300 Million in PNB Housing Finance | CI |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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2,210 KRW | -1.56% | -10.53% | 35.71M | ||
122.8 INR | +1.03% | +3.15% | 16.02B | ||
40.29 USD | -0.74% | +0.35% | 14.61B | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
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-7.98% | 84.88B | |
+4.77% | 23.7B | |
+30.12% | 16.84B | |
+36.45% | 8.49B | |
-3.40% | 7.23B | |
+48.42% | 5.22B | |
+4.68% | 4.78B | |
-14.25% | 3.21B | |
+0.37% | 2.79B |
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- News PNB Housing Finance Limited
- Investment Bankers Appointed To Sell Stake In PNB Housing Finance