Carlyle Group likely to sell 2% stake worth Rs 1,500 crore in Yes Bank
Thu, May 2, 2024 8:58 PM

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

A Flip by Riya Sharma
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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 tomorrow. Goldman Sachs is said to be the broker to the deal, sources added.Carlyle holds 8.74 percent stake in Yes Bank (post warrant conversion). The stake is held by entity named CA Basque Investments.

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