IFLR1000

Quality Investment Holdings Re 10.24 billion divestment of 4.8% stake in PNB Housing Finance

8/5/2018
Public acquisition
Select tab

Re 10.24 billion

$ 152 million

Announced

8/5/2018

Overview:

  • Quality Investment Holdings has undertaken a Re10.24 billion divestment of 4.8% stake in PNB Housing Finance.
  • The price per share was Re1280. 
  • The mortgage lender is a housing finance company - fifth largest in India.

Katrin Kostadinova - Data analyst 

Jurisdiction:

India

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Real estate

Firm:
AZB & Partners

Party: Quality Investment Holdings (Seller)

Lawyer: Varoon Chandra

Related deals