Yes Bank gets $1.2 billion binding offer, stocks surge 38% | Editorji
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Yes Bank gets $1.2 billion binding offer, stocks surge 38%

Oct 31, 2019 17:03 IST

Yes Bank surges 38% after company says it has received a binding offer of $1.2 billion. The bank said the offer was from a global investor for an investment of $1.2 billion through fresh issuance of equity shares. The deal is subject to regulatory approvals and conditions as well as an okay from the bank's board and shareholders' approval.

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