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Mastercard sells entire 4.31% Pine Labs stake for Rs 934 Cr

Global payments giant Mastercard has exited fintech company Pine Labs by offloading its entire 4.31% stake through a bulk deal worth Rs 933.5 crore on Tuesday.

Tarun Mottlia

Via Entrackr

·Excerpt
Mastercard sells entire 4.31% Pine Labs stake for Rs 934 Cr
Image: Entrackr

Global payments giant Mastercard has exited fintech company Pine Labs by offloading its entire 4.31% stake through a bulk deal worth Rs 933.5 crore on Tuesday.

New Update

Global payments giant Mastercard has exited fintech company Pine Labs by offloading its entire 4.31% stake through a bulk deal worth Rs 933.5 crore on Tuesday.

According to bulk deal data available on the BSE, Mastercard Asia/Pacific Pte. Ltd. sold 4.97 crore equity shares at Rs 187.75 per share, fetching approximately Rs…

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