Mortgage News

DHFL promoters look to sell half of their stake for $1 bn

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KKR to exit Dalmia Bharat subsidiary Avnija in equity-cum-cash deal. KKR may hold about 5% stake in Dalmia Bharat as part of the equity-cum-cash deal. The deal is expected to value Dalmia’s subsidiary at around Rs 8,500 crore.

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Read more about essar steel expects hypermart to rake in $1 bn in FY17 on Business Standard. The retail chain expects to sell 1.5 MT of steel products in 2017-18, a growth of almost 67% from 0.9 MT sales it had clocked in 2015-16 fiscal

Here’s a look at some of the companies whose shares are expected to trade actively in Thursday’s session – DHFL: The promoters of Dewan Housing Finance Corporation (DHFL) are willing to share control of the embattled company by selling half their stake to a "strategic investor", said a Business Standard report.

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BENGALURU: Industrial realty and warehousing developer indospace has purchased a 70-acre logistics park from Orris Infrastructure on the outskirts of Gurgaon. "The deal was closed not too long ago and is valued at Rs 60 crore," an individual near the deal instructed ET on situation of anonymity.

DHFL promoters look to sell half of their stake for $1 billion 1 month ago By NBM Team NEW DELHI: Promoters of debt-ridden mortgage lender DHFL are in talks with private equity firms and are expecting to garner usd 1 billion (about Rs 6,900 crore) by selling nearly 50 per cent of their holdings, sources said.

NEW DELHI: Mortgage lender HDFC on Friday said it has sold over 4.22 per cent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs 899.43 crore. The sale of 3,10,00,000 equity shares representing 4.22 of the issued and paid-up share capital of Gruh was carried out through stock exchanges at the prevailing market price, HDFC said in a.

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WeWork considers $1.9 billion offer for 70% stake in WeWork India June 14, 2019 SEBI, MCA probing PWC’s resignation as auditor of Reliance Home Finance June 14, 2019 DHFL promoters look to sell half of their stake for $1 billion June 13, 2019

The government had mulled offloading around 10 percent stake in the PSU company to meet half of the divestment target of. Shareholders of Bharti Airtel on Wednesday approved a $1.2 billion deal to.

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