Home Tags Stake sale

Tag: Stake sale

Standard Life to reduce its holding in HDFC Life Insurance by...

HDFC Life Insurance recently announced that Standard Life, which is one of its promoters, will be selling up to 4.93% of its stake in...

Zomato’s UAE unit sold to Germany’s Delivery Hero for $172 million

Zomato Media, the parent company of the restaurant finding and food ordering application – Zomato, sold its UAE business to Delivery Hero, a food delivery...

Govt. plans to sell its 3% stake in Axis Bank to...

The Central Government is planning to sell its 3% stake in private lender Axis Bank and raise Rs.5,316 crore. The government owns these shares through the Specified Undertaking of Unit Trust...

Andhra Bank Floats Request for Proposal for Stake Sale in IndiaFirst...

Andhra Bank, a leading public sector lender, recently floated a Request for Proposal for the Selection of a Valuer and Investment Banker. The RFP...

RIL subsidiary purchases substantial stake in media house NEWSJ

Reliance Industrial Investments and Holdings Limited (RIIHL), which is a subsidiary of Reliance Industries has purchased a substantial stake in New Emerging World of...

Five contenders in line to purchase Lakshmi Vilas Bank stake

Lakshmi Vilas Bank has shortlisted five investors to purchase a controlling stake from the bank. Baring Private Equity, Gajja Capital, Bain Capital, The Blackstone Group,...

Coke, Nestle to participate in second round of bidding for Horlicks

The Indian business arm of GlaxoSmithKline (GSK) that deals with the nutrition business – GSK Consumer Healthcare has shortlisted Coke, Nestle, and Unilever for...

LIC Board to meet on Sept. 4 to decide modalities of...

The Life Insurance Corporation of India (LIC) will meet on September 4 to decide how to go about increasing its stake in IDBI Bank...

Warburg Pincus acquires 26% stake in IndiaFirst Life Insurance

Legal & General has sold its 26% stake in IndiaFirst Life Insurance to an affiliate of Warburg Pincus LLC. IndiaFirst Life Insurance is a...