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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.
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Replies (2)
1
I hear that PE firm such as Abu Dhabi Pension Fund, Blackstone and GIC are among the ones the company is talking to.
Jackie


2
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


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.
30th July 2015


3

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