DHFL’s lenders will transfer Rs 30,000-32,000 cr of its Rs 42,000 cr wholesale loans outstanding to SPVs.
Eye minority stake in Biocon Biologics; unit may be valued at $4 billion, higher than the market cap of Biocon.
The Oppenheimer offer is believed to be better than the Comcast led consortium's offer.
On Monday, Zee shares closed 4.1 per cent lower at Rs 387.35 on the BSE.
Existing investor Aion is getting a partial payout and is likely to roll over $50 million of its $110 million exposure.
Japanese financial groups to fund Oyo founder’s $2-billion share purchase plan.
The deal will ringfence the biz from Adani’s possible bid to take over Mumbai International Airport.
The deal was signed after a highly competitive bidding process that attracted some of the largest buyout PE funds, people aware told ET.
The deal is expected to be sealed at a valuation of $1 billion, after a highly competitive bid process that saw some of the largest buyout PE funds participate, people aware of the ongoing discussions told ET.
Comcast will be leading the consortium, Murdoch might act as the local partner & take up a small stake.
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