Carlyle and Advent International To Acquire Up to a Combined 20% Stake in India’s YES BANK for USD1.1b
Source(s): Carlyle | Advent International | Bloomberg
Carlyle and Advent International each agreed to acquire up to a 10% stake in India-listed commercial bank YES BANK for a combined USD1.1b. The deal includes USD640m in equity shares and USD475m in warrants. Read more here, here and here.