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PB Fintech shares in focus today after Temasek Holdings sells entire stake in block deal

Stocks that will see action today—February 2, 2024 - The Hindu BusinessLine

Stocks that will see action today—February 2, 2024 - The Hindu BusinessLine
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PB Fintech shares slip 8% from 52-week high amid stake sale by Temasek

PB Fintech shares are down over 8% from their 52-week high after Singaporean sovereign wealth fund Temasek Holdings on Thursday offloaded its entire 5.42 per cent stake in the firm for Rs 2,425 crore in a block deal.

Temasek Holdings exits PB Fintech; sells entire 5 42% stake for Rs 2,425 crore

Singaporean sovereign wealth fund Temasek Holdings on Thursday sold its entire 5.42 per cent stake in Policybazaar s parent firm PB Fintech for Rs 2,425 crore through open market transactions. Temasek Holdings wholly-owned subsidiary Claymore Investments (Mauritius) Pte Ltd sold the shares of PB Fintech in three tranches on the BSE.

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