Carlyle Group sells stake worth $173 mln in India's Yes Bank-February 2024-www.financetom.com

Carlyle Group sells stake worth $173 mln in India's Yes Bank

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Carlyle Group sells stake worth $173 mln in India's Yes Bank

May 3, 2024 6:40 AM

BENGALURU, May 3 (Reuters) - Carlyle Group ( CG ) on

Friday sold a stake worth 14.42 billion rupees ($173 million) in

Yes Bank via bulk deals, exchange data showed.

It sold 594 million shares in the lender at a price of 24.27

rupees per share.

($1 = 83.3820 Indian rupees)

(Reporting by Nishit Navin; Editing by Arun Koyyur)

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