Pine Labs block deal: Mastercard Asia may divest 4.3% equity worth Rs 892 crore
60-Word AI Digest
Mastercard Asia Pacific may sell up to 49.7 million Pine Labs shares, representing 4.3% of the fintech company, through a Rs 892.5 crore block deal. Priced at Rs 179.50 per share, the secondary sale is scheduled for September 22.
Key Takeaways
- Mastercard Asia Pacific may sell up to 49.7 million Pine Labs shares, representing 4.3% of the fintech company, through a Rs 892.5 crore block deal.
- Priced at Rs 179.50 per share, the secondary sale is scheduled for September 22.
- Full details and original dispatch available below.
Mastercard Asia Pacific may sell up to 49.7 million Pine Labs shares, representing 4.3% of the fintech company, through a Rs 892.5 crore block deal. Priced at Rs 179.50 per share, the secondary sale is scheduled for September 22.
Original Publisher Attribution
This summary was curated from Economic Times.