Yes Bank’s Suitor Surely Can’t Be SPGP Holdings
Yes Bank informed the stock exchanges, on Thursday, that it has received a binding offer from a global investor for an investment of $1.2 billion in the Bank through fresh issue of equity shares. The deal is subject to regulatory approvals/conditions as well as approvals of the Bank's board and shareholders. 
 
CNBC TV18 claimed that the investment is coming from Hong Kong-based SPGP Holdings....
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