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New Deal


Announced

Completed

Bay Tree India Holdings completed the acquisition of a 7.78% stake in Yes Bank for $299m.

Financials

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Transaction Value£237m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Banks

Private Equity

Public

Acquisition

Friendly

banking products

Minority

Single Bidder

India

Completed

Synopsis

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Tilden Park-owned Bay Tree India Holdings, an investment holding company, completed the acquisition of a 7.78% stake in Yes Bank, an Indian bank, for $299m. Yes Bank intends to utilise its net proceeds from the investment towards ensuring adequate capital to support its growth and expansion, including enhancing its solvency and capital adequacy ratio.

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