Singapore’s sovereign wealth fund GIC has increased its shareholding in Kotak Mahindra Bank Ltd by buying additional 9.56 million shares from ING Mauritius Investments 1 Ltd, a subsidiary of Dutch lender ING Bank NV, for Rs 1,079.99 crore (about $150 million) via a block deal on Thursday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com