Carlyle-led firms to invest ₹3,185 cr. in PNB Housing Finance
The Hindu
Deal to trigger open offer
Pluto Investments S.a.r.l., an affiliated entity of Carlyle Asia Partners IV, LP and Carlyle Asia Partners V, LP will invest up to ₹3,185 crore in PNB Housing Finance Ltd. The investment would be via preferential allotment of equity shares and warrants at ₹390 apiece. This follows an approval by PNB Housing Finance’s board to raise of up to₹4,000 crore from a clutch of investors led by entities affiliated to The Carlyle Group Inc.
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