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Khazanah exits Yes Bank at 150% premium; nets $105 mn
Investors will eye Tuesday's statement from the U.S. central bank's Federal Open Market Committee to see whether the Fed will cool down expectations of more easing of monetary policy, which might make it difficult to extend the rally.
12 Mar 2012, 06:01 PM IST 
Shinzo Nakanishi, Managing Director, Maruti Suzuki India
The sovereign investment fund of Malaysian government, Khazanah Nasional, today sold its entire 4.2 per cent holdings in private lender Yes Bank for $105 million (about Rs 520 crore), raking in a premium of "150 per cent" over the past five years.
