Yes Bank Poised to Reject $1.2 Billion Bid From Canadian Tycoon
The Yes Bank board meets tomorrow to discuss the $2 billion fundraising proposal from a clutch of potential investors.
(Bloomberg) -- Yes Bank Ltd. is likely to reject an offer that made up more than half of its planned $2 billion capital raising, and is talking to institutional investors about making up the shortfall, according to a person familiar with the matter.
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