Pine Labs block deal: Mastercard Asia-Pacific to sell entire stake worth nearly ₹890 crore: Report
What to know
- Mastercard will liquidate its holdings in Pine Labs through a ₹890 crore deal, offering shares at ₹179.50 on 22 September. This action coincides with Pine Labs' stock recovery and profit growth from increased digital payment adoption and UPI usage in India.S1
- The floor price represents a 7.33% discount to Pine Labs' previous closing price of Rs 193.70 per share.S2
Timeline · newest first
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Pine Labs block deal: Mastercard Asia-Pacific to sell entire stake worth nearly ₹890 crore: Report
Mastercard will liquidate its holdings in Pine Labs through a ₹890 crore deal, offering shares at ₹179.50 on 22 September. This action coincides with Pine Labs' stock recovery and…
1mo
Feedburner:ndtvprofit Latest
Pine Labs Block Deal: Mastercard Asia-Pacific To Exit With Rs 890-Crore Stake Sale
The floor price represents a 7.33% discount to Pine Labs' previous closing price of Rs 193.70 per share.
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Published Sep 21, 2026
What to know
- Mastercard will liquidate its holdings in Pine Labs through a ₹890 crore deal, offering shares at ₹179.50 on 22 September. This action coincides with Pine Labs' stock recovery and profit growth from increased digital payment adoption and UPI usage in India.S1
- The floor price represents a 7.33% discount to Pine Labs' previous closing price of Rs 193.70 per share.S2
Timeline · newest first
1mo
Livemint
Pine Labs block deal: Mastercard Asia-Pacific to sell entire stake worth nearly ₹890 crore: Report
1mo
Feedburner:ndtvprofit Latest
Pine Labs Block Deal: Mastercard Asia-Pacific To Exit With Rs 890-Crore Stake Sale
Sources · 2 citations
S2
Feedburner:ndtvprofit LatestLead
1 report · EN
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