Carlyle Group likely sells stake in PNB Housing Finance via block deal.

Economy Business

Carlyle Group is reportedly planning to sell its stake in PNB Housing Finance through a block deal. This move comes as part of Carlyle's strategy to streamline its portfolio and generate returns for its investors. The block deal will involve the sale of a substantial number of shares in the housing finance company, and it is expected to attract significant interest from institutional investors. The transaction is likely to impact the market and potentially influence the stock price of PNB Housing Finance. The exact details and timing of the deal have not yet been disclosed.


      Carlyle’s exit aims to optimize its investment portfolio and focus on other opportunities.

      Institutional investors may drive significant demand in the upcoming block deal.

     

 

     


About Carlyle Group,

CEO: Harvey Schwartz
CTO: Jeff Bronaugh
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