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PNB, Carlyle-Backed Firm To Sell Stake In PNB Housing Unit

PNB, Carlyle-Backed Firm To Sell Stake In PNB Housing Unit

Carlyl Had Bought 49% In PNB Housing Fin In 2015 For Rs.1,600Cr

Punjab national bank and carlyle group-backed investment firm quality investment holding plan to sell their stake in PNB housing finance ltd. the companies plan to sell a minimum of 51% stake in the housing finance company, acording to an exchange filing. PNB and quality investment holdings hold 32.8% and 32.3% respectively, in the mortgage and construction lender.
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