Khazanah exits India’s Yes Bank
Malaysian sovereign wealth fund Khazanah Nasional has sold the 4.2% stake it acquired from ChrysCapital and other investors in India’s Yes Bank for INR5.3 billion ($106 million).
More than 14 million shares, held in Khazanah's Titiwangsa Investments Mauritius arm, were sold at INR362 each on Monday - a 1.2% discount to Yes Bank's last closing price of INR366.25 last Friday. The...
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