A number of main banks from Asia in addition to some deep-pocketed sovereign funds and personal fairness corporations are learnt to be eyeing a majority stake of 51 per cent stake in Sure Financial institution in a possible deal that might worth the financial institution between $8 billion and $9.5 billion, even because the non-public … Read more
Piramal Enterprises has determined to promote its whole stake in Shriram Funding Holdings Non-public Restricted (SIHPL) to Shriram Possession Belief (SOT) for a consideration of ₹1,440 crore. In June final 12 months, the agency had offered its whole 8.3 per cent stake it held in Shriram Finance by means of a number of block offers … Read more
Dutch pension fund APG is discovering it troublesome to discover a purchaser for its stake in Virtuous Retail South Asia, a three way partnership with the Xander Group, which owns a number of malls in India, in accordance with sources. Sources indicated that APG has been promoting its stake to Xander, which is probably going … Read more