{
  "id": 8982289,
  "title": "Pine Labs block deal: Mastercard Asia may divest 4.3% equity worth Rs 892 crore",
  "url": "https://urgent.news/2026/09/21/pine-labs-block-deal-mastercard-asia-may-divest-4-3-equity-worth-rs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T14:39:09.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/pine-labs-block-deal-mastercard-asia-may-divest-4-3-equity-worth-rs-892-crore/articleshow/134392101.cms"
  },
  "original_language": "en",
  "account": "Mastercard Asia Pacific may divest up to 4.3% of its stake in fintech company Pine Labs through a block deal valued at around Rs 892.5 crore, according to reports. The proposed transaction, structured as a 100% secondary sale, could result in Mastercard Asia Pacific selling approximately 49.7 million shares of Pine Labs.",
  "summary": "Mastercard Asia Pacific may sell up to 49.7 million Pine Labs shares, representing 4.3% of the fintech company, through a Rs 892.5 crore block deal. Priced at Rs 179.50 per share, the secondary sale is scheduled for September 22.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}