Temasek Offloads Entire 5.2% Stake In Policybazaar Parent For INR 2,425 Cr
Temasek Holdings has sold its entire 5.42% stake in insurtech platform Policybazaar's parent entity PB Fintech via open market transactions.
Source: inc42.com
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PB Fintech's 2.5% stake sold for Rs 871 crore; SoftBank likely seller
SVF Python II ( Cayman) Limited, a SoftBank entity currently holds a 4.39 percent stake in PB Fintech. Post the fresh block deal, the holding will come down to 1.85 percent.
Source: moneycontrol.com
PB Fintech Sees INR 871 Cr Stake Sale; SoftBank Likely Seller
On Friday, 1.14 Cr shares of PB Fintech, representing a 2.5% stake in the company, were exchanged in a block deal
Source: inc42.com
SoftBank plans to sell part stake in PB Fintech in fresh block deal of around $105 mn
With its most recent strategic move in the field of financial technology, Japanese IT giant SoftBank is garnering media attention. Multiple industry sources claim that SoftBank intends to sell a further 2.54% share in PB Fintech, the parent company of Policybazaar, the largest online insurance marketplace in India.
Source: techstory.in
SoftBank plans to sell part stake in PB Fintech in fresh block deal of around $105 mn
In December 2022, the Japanese investor sold 5.1 per cent stake in PB Fintech
Source: moneycontrol.com