Business Standard

Uti Bank Sells 26% To Cdc Capital For Rs 157.59 Crore

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BUSINESS STANDARD

CDC Capital Partners (formerly known as Commonwealth Development Corporation) is picking up 26 per cent stake in UTI Bank at Rs 34 per share translating into a deal of Rs 157.59 crore. CDC is picking up the stake through two funds

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First Published: Sep 22 2001 | 12:00 AM IST

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