Monday, 28 September 2026Updated 9m ago
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Deal● Neutral for Punjab National Bank

MetLife stake deal deemed approved; Bain and Olin proposals await CCI review

1 source · first seen 22:02 28 Sept · updated 22:02 28 Sept

The brief

Written from 1 report · check the source before you trade
  • MetLife International will raise its PNB MetLife stake by 0.5% to 50.23%
  • CCI cleared the purchase from Jammu & Kashmir Bank under the green channel
  • Jammu & Kashmir Bank is selling a stake; its shareholders are directly exposed

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Read the reports

1 report · earliest 22:02
Economic TimesMetLife stake deal deemed approved; Bain and Olin proposals await CCI review22:02