PNB Housing Finance terminates deal with Carlyle on lack of visibility on legal issues
PNB Housing Finance has terminated the Rs 4,000 crore deal with US-based Carlyle group for a preferential allotment.
Source: moneylife.in
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PNB Housing Finance terminates Rs 4,000 cr deal with Carlyle group
PNB Housing Finance terminates Rs 4,000 cr deal with Carlyle group
Source: freepressjournal.in
PNB Housing terminates Rs 4,000 cr fund-raising deal with Carlyle-led group
At a meeting held today, the board decided not to proceed with the preferential issue and the share subscription agreements executed with the Proposed Allottees have been terminated, says PNB.
Source: businesstoday.in
PNB Housing Finance terminates deal with Carlyle on lack of visibility on legal issues
PNB Housing Finance has terminated the Rs 4,000 crore deal with US-based Carlyle group for a preferential allotment."The Board's primary objective is to raise capital to support the growth of the Company, and the Board believes that the ...
Source: prokerala.com
PNB Housing calls off Rs 4,000-crore share sale plan to Carlyle-led group
The deal got mired into legal tangles on matters of valuation
Source: telegraphindia.com