30 Oct 2025 | 5 Mins Read
True North may exit Fedbank arm via block deal
Flipitmoney
True North Fund VI plans to sell its 8.6% stake in Fedbank Financial Services Ltd through a block deal. Investment bankers have been appointed and the deal is expected to take place soon. True North partially sold its holding during Fedbank's IPO in November 2023 and is now offloading its remaining stake, with details of the deal yet to be disclosed.