DLF is in talks with leading PE players to raise up to USD 2 billion by selling up to 50% shares in group

Q: Hi! as per the latest news, DLF is in talks with leading PE players to raise up to USD 2 billion by selling up to 50% shares in the holding company of its rent-yielding assets.

Himani,

30th July 2015

Real estate News in Mumbai

real estate news

dlf

private equity fund

dlf assets

real estate firm

stake sale

dlf assets pvt ltd

dapl

Follow Discussion

Also see discussions for

Mumbai Real estate News Real estate News in Mumbai

Replies (2)

I hear that PE firm such as Abu Dhabi Pension Fund, Blackstone and GIC are among the ones the company is talking to.

Jackie,

30th July 2015

Comment

Yes, they are talking with the leading private-equity players to raise up to USD 2 billion by selling up to 50% shares to clear its huge 16500 crore debt burden.

Jackie,

30th July 2015

Comment

Right Jackie,
As per CNBC-TV18, the step will be the forerunner to a real estate investment trust listing and they will help the company in his debt burden.

Vivek Kulkarni,

30th July 2015