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Bay Tree India Holdings sells over 2% stake in Yes Bank - The Hindu BusinessLine

Bay Tree India Holdings sells over 2% stake in Yes Bank - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Bay Tree India Holdings sells over 2% stake in Yes Bank

Bay Tree India Holdings sells over 2% stake in Yes Bank
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Top investor Bay Tree cuts stake in Yes Bank by 28%

Top investor Bay Tree cuts stake in Yes Bank by 28%
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Bay Tree was the largest anchor investor in Yes Bank’s $2 billion equity raising last year
1 min read
. Updated: 12 May 2021, 09:20 AM IST Bloomberg
Private equity firm Bay Tree India Holdings has sold a 2.1% stake in India’s Yes Bank, reducing its holding by 28%.
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Private equity firm Bay Tree India Holdings has sold a 2.1% stake in India’s Yes Bank, reducing its holding by 28%.
Bay Tree cut its stake in the embattled lender that was the center of India’s largest financial bailout last year, it said in a statement on Tuesday. It now holds a 5.4% stake after multiple sales in the open market between Jan. 6 to May 6. ....

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बे ट्री इंडिया होल्डिंग्स ने यस बैंक में दो प्रतिशत से अधिक हिस्सेदारी बेची

बे ट्री इंडिया होल्डिंग्स ने यस बैंक में दो प्रतिशत से अधिक हिस्सेदारी बेची
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Bay Tree India Holdings sells over 2% stake in Yes Bank

Bay Tree India Holdings sells over 2% stake in Yes Bank
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Anchor investor Bay Tree India Holdings I LLC has sold over 2 percent stake in Yes Bank through open market transactions.
According to a regulatory filing, Bay Tree India Holdings I LLC, which held 7.48 percent stake in Yes Bank earlier, sold 52.15 crore shares representing 2.08 per cent of equity stake in multiple tranches between January 6 and May 6, 2021.
Post the sale, stake of Bay Tree India Holdings I LLC in Yes Bank stands at 5.40 percent.
In July 2020, Yes Bank garnered Rs 4,098 crore from anchor investors, a day ahead of its follow-on public offering. ....

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