Question
Japanese conglomerate Softbank’s arm Svf Python II
(Cayman) has divested a 2.5 per cent stake in Policybazaar’s parent firm PB Fintech for ________ through open market transactions.Solution
Japanese conglomerate Softbank’s arm Svf Python II (Cayman) has divested a 2.5 per cent stake in Policybazaar’s parent firm PB Fintech for Rs 914 crore through open market transactions. HDFC Mutual Fund (MF), Mirae Asset MF, ICICI Prudential Life Insurance, Societe Generale, Capital Group, The Master Trust Bank of Japan, Government Pension Fund Global, Goldman Sachs, and China’s Best Investment Corporation, among others, were the buyers of the shares.
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