Mastercard to exit Pine Labs in up to $93 million block deal
Mastercard Asia/Pacific Pte Ltd plans to sell up to 49.7 million shares in Pine Labs Ltd on Tuesday via a block deal valued at up to Rs.893 crore ($93 million), per a term sheet reviewed by Mint.
Mumbai, Sept. 21 -- Mastercard Inc. 893 crore ($93 million), according to a term sheet reviewed by Mint. Mastercard Asia/Pacific Pte Ltd is offering the shares in the transaction.