Centrum Group ropes in EY to find buyers for its stake in housing arm, ET RealEstate
The Jaspal Bindra-led group plans to either exit the housing finance business fully or pare stake to become a minority shareholder.
Source: indiatimes.com
Page 3 - Centrum Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Centrum Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Centrum Group Today - Breaking & Trending Today
Centrum ropes in EY to find buyers for its stake in housing arm
The Jaspal Bindra-led group plans to either exit the housing finance business fully or pare stake to become a minority shareholder. "If we get a good value, we can look at divesting the business or monetise it," Bindra told ET. "It's still at an exploratory stage. We have told EY to look at the various options." Centrum holds about 60% in the mortgage lending arm while Morgan Stanley has 25% interest. The balance is held by employees and other investors.
Source: indiatimes.com
Singapore's RV Capital marks first close of India private credit fund
The Singapore-based alternative asset manager launched the India Credit “Plus” fund in June with a target corpus of ₹400 crore and a green-shoe option for a similar amount
Source: livemint.com
Singapore's RV Capital marks first close of maiden India private credit fund
Singapore-based RV Capital Management’s India arm on Thursday announced the first close of its maiden performing credit fund, raising about a quarter of the target ......
Source: vccircle.com
Centrum Capital explores sale of its stake in housing finance business, ET RealEstate
Mumbai-headquartered Centrum group holds a 74% stake in Centrum Housing Finance. Private equity investor Morgan Stanley PE Asia holds around 25%, having invested ₹190 crore in the business in 2020.
Source: indiatimes.com