Announced
Completed
Financials
Tags
Banks
Private Equity
Public
Acquisition
Friendly
banking products
Minority
Single Bidder
India
Completed
Synopsis
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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