NEW DELHI:
Carlyle Group
on Friday divested nearly a 2% stake in private sector lender Yes Bank for Rs 1,441 crore through an
open market transaction
.
US-based Carlyle Group, through its affiliate
CA Basque Investments
, offloaded shares in Yes Bank through a
bulk deal
on the NSE.
According to the data, CA Basque Investments sold 59.4 crore shares, amounting to a 1.98% stake in Yes Bank.
The shares were disposed of at an average price of Rs 24.27 apiece, taking the transaction value to Rs 1,441.64 crore. After the
stake sale
, the Carlyle Group’s shareholding in Yes Bank has declined to 7.13% from 9.11%.
In Feb this year, the Group pared a 1.3% stake in private sector lender Yes Bank for Rs 1,057 crore.
Meanwhile,
Goldman Sachs
(Singapore) bought more than 36.9 crore shares, representing a 1.23% stake in the Mumbai-based lender.
