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Khaitan acts for PNB on Varde Partners’ $133.6m 6% stake buy

“Punjab National Bank Stock Price: PNB To Sell Shares In PNB Housing Finance To General Atlantic, Varde Partners: The state-run lender will raise around Rs 1,850 crore from the sale, according to its statement to the stock exchanges,” reported Bloombergquint. The total stake sold amounts to 6.5%.

Khaitan & Co advised Punjab National Bank (PNB) led by a team of partner Vineet Shingal, principal associate Radhika Agarwal, senior associate Shreya Dua, associate Gautam Suseel, associate Amulya Sharma, partner Arindam Ghosh and Director Sudhir Bassi, Counsel Shailendra Bhandare and associate Sourav Dan.

2019-03-29

Deal value: USD 133.6 million

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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