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Khazanah sells Yes Bank stake for $105 mn; stock down-news13032012

Monday, March 12, 2012

Malaysia's state investment arm, Khazanah Nasional, has sold its little more than 4% holding in India's private sector lender Yes Bank for about $105 million, two sources said.

Khazanah sold the shares of Yes Bank in stock market block deals today, said the sources.

Credit Suisse was the sole bookrunner for the deal, the sources said.

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