Mastercard sells entire 4.31% stake in Pine Labs
Mastercard exited Pine Labs by selling its entire 4.31% stake via open market transactions on September 22; Pine Labs shares reportedly moved higher to Rs 197.58 on high volumes.
US-based Mastercard Incorporated-owned Mastercard Asia/Pacific Pte has exited Pine Labs by selling its entire 4.31 percent stake through open market transactions on September 22. Pine Labs shares rose 2 percent to Rs 197.58 amid high volumes, extending their gain.