Carlyle to sell stake in HDFC – report
The Carlyle Group is poised to sell its 3.7% stake in mortgage lender Housing Development Finance Corp. (HDFC) for approximately $850 million.
Around 57 million shares will be offloaded at INR760-781.25 apiece - a discount of 1-3.7% on Thursday's closing price of INR789.05. The deal would raise $861 million if the shares are sold at the top of...
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