Punjab National Bank (BSE:532461) has appointed merchant bankers to sell a controlling stake in PNB Housing Finance Limited (BSE:540173), a top bank official has said. The deal is expected to be finalised in the next few months, the official added. Last week, the bank and The Carlyle Group L.P. (NasdaqGS:CG), which owns over 32% in PNB Housing Finance, had announced their plans to sell at least 51% stake in the company.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
799.1 INR | +0.44% |
|
+0.87% | +2.33% |
21/06 | Two Investors Divest Stake in PNB Housing Finance | MT |
19/06 | General Atlantic, Asia Opportunities V Reportedly to Sell 4% Stake Worth INR 8,300 Million in PNB Housing Finance | CI |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
2,260 KRW | -3.42% | -10.67% | 35.78M | ||
121.6 INR | +0.83% | -2.17% | 15.91B | ||
40.01 USD | +1.09% | +0.48% | 14.4B | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-8.67% | 84.87B | |
+3.73% | 22.94B | |
+29.74% | 16.35B | |
+30.84% | 8.03B | |
-5.56% | 6.88B | |
+49.14% | 5.24B | |
+5.18% | 4.73B | |
-13.98% | 3.22B | |
+2.53% | 2.83B |
- Stock Market
- Equities
- PNBHOUSING Stock
- PNBHOUSING Stock
- News PNB Housing Finance Limited
- Investment Bankers Appointed To Sell Stake In PNB Housing Finance