NEW DELHI: State-run Punjab National Bank (PNB) Friday said it will sell its partial stake in PNB Housing Finance to global private equity firm General Atlantic Group and alternative investment firm.
Finance minister P Chidambaram is targeting to raise over Rs 50,000 crore from stake. Unit Trust of India and the shares and assets left with the entity are net of redemption of liablities of the.
StreetLights Residential Breaks Ground in AZ ‘Don’t build Mall of America waterpark,’ says nearby competitor Critics are lining up to blast a public-private partnership that commits $7.5 million from city of Bloomington taxpayers to help the Mall of America build a waterpark. bloomington city council members recently voted unanimously to enter into a partnership with the mall.The development will be comprised of 30,000 square feet of retail and restaurants along with a five-story residential community, The Alastair. The project is part of Aria, a larger master-planned community by Ashton Woods. Aria Village will be StreetLights’ first development in Georgia since opening its Atlanta office in July 2016.
Punjab National Bank has raised over Rs 1,315 crore through sale of shares in subsidiary firm PNB Housing Finance through the offer for sale (OFS) route.. via stake sale in PNB Housing Finance.
Last week, the bank and Carlyle Group, which owns over 32% in PNB Housing Finance, had announced their plans to sell at least 51% stake in the company.
Lodha Developers, which aims to launch IPO when market condition improves, is also looking to raise about Rs 700 crore by selling stake in a mid-income housing. While the Lincoln Square project has.
Read more about PNB Housing Finance announces OFS of about 1 bn shares at Rs 1,325 apiece on Business Standard. Earlier this month, PNB Managing Director and Chief executive officer sunil Mehta said the bank has a headroom to sell up to 9 per cent stake in the subsidiary.
Industry skeptical of plan to simplify capital rules The Federal Reserve Board on Tuesday asked for comment on a proposal that would simplify its capital rules for large banks while preserving strong capital levels that would maintain their ability to lend to households and businesses under stressful conditions.REITweek 2018: Baby Boomer Retirement, Aging Population, Boosting Health Care REITs Baby Boomer HeadQuarters is the spot on the web for Baby Boomers and those with the boomer spirit. Hershel M. Chicowitz, Boomer-In-Charge, is a spokesman for the boomer generation; but he does not claim to represent all boomers. We have a great deal of information for and about baby boomers.
Punjab National Bank (PNB) and Carlyle Group plan to initiate the process to sell at least 51 per cent stake in the mortgage lender PNB Housing Finance, the state-run bank today said.
Punjab National Bank (PNB) is looking to sell 7 percent of its stake in its mortgage arm pnb Housing Finance. Two officials familiar with the development told the Economic Times that the public sector bank has received interest from some players and private equity investors. "The bank is open to selling its stake in the firm.
Ghost Kitchens Give Chefs the Speed to Feed the Delivery Beast | GlobeSt They are ghost kitchens, or delivery-centric cooking spaces. The convenience factor is part of the appeal. Diners are craving speed, along with their food. Takeout and delivery are popping, even at.
PK ×^R9 META-INF/þÊPK Ö^R9Ö-ýÀ@ META-INF/MANIFEST.MFe A @.ïÿa î’] of ¡ð¾éX :+»ãÁ ßh F×÷½÷íN®Ñ4àI-à¼±XíÂ ÅU’öºzàáaÂ MPËãÈ} Èg¼ û"7³~ô ¬Ô6 òË© ‘q"îoëè1ö _Qº ¥ HyÝ Ð*?a±ZU¿ûÅS ÖÖ±l t2,ðÆÒwV³õ ó?Ïµ!df±1¯Ái Ùõ”ÉÿVálcZ¶³°øò0øPK Ö^R9.
Saratoga Springs, New York, Mexican restaurant expanding with purchase of Broadway building – Albany Business Review Places Saratoga Springs, New York Travel & TransportationTourist Information Center Saratoga Springs, NY. Saratoga Springs NY is a hotbed for bars, pubs, restaurants and club. Here are some great spots for cocktails, beer, wine and beverages.
Mumbai: State-run Punjab National Bank (PNB) is looking to sell up to 10% in its housing finance unit and list its life insurance subsidiary, managing director and chief executive officer (CEO.