26-April-2024
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DLF close to 40% stake sale in rental assets arm
31-Aug-2016

India's largest real estate developer DLF on Tuesday said it has shortlisted bidders for the ongoing stake sale in its rental arm, DLF Cyber City Developers Ltd. The company expects to receive binding, updated bids in the form of shareholder agreement once the shortlisted bidders complete due diligence. Media reports had earlier suggested DLF had shortlisted six potential buyers for the sale of 40 per cent stake held by promoters in its rental arm.

News Source:- http://www.business-standard.com/article/companies/dlf-close-to-40-stake-sale-in-rental-assets-arm-116083001487_1.html