Mastercard Asia likely to sell 4.3% stake in Pine Labs
Sources say Mastercard Asia-Pacific plans a block deal selling 4.97 crore shares (4.3% stake) in Pine Labs at a ₹179.50 floor price, to raise ₹892.5 crore, implying a discount of up to 7.3%.
Mastercard Asia-Pacific Pte. 3% stake, in Noida-based fintech company Pine Labs Ltd. via a block deal, sources said. 3%, sources said.