Stake Sale
Latest news, explainers and analysis on Stake Sale. Tracking 3 stories on Arth Vani.
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Latest on Stake Sale
BreakingIIFL Finance Plans ₹2,500-₹5,000 Crore Stake Sale Amid Fairfax Holdings Exit Buzz
IIFL Finance is reportedly planning to raise a substantial sum of ₹2,500 crore to ₹5,000 crore by selling a stake in the company. This strategic fundraising move comes amid market speculation regarding the potential exit of its major investor, Fairfax Holdings.
BreakingCentre Approves ₹52,878 Crore Sale of 60.72% IDBI Bank Stake to Fairfax
The Indian government (Centre) has approved the sale of a 60.72% majority stake in IDBI Bank to Fairfax for ₹52,878 Crore. This significant move marks a major step in the government's strategic divestment agenda within the banking sector.
WeWork Inc Sells 2.5% Stake in WeWork India for ₹244.1 Crore
US-based WeWork Inc has offloaded a 2.5% stake in its Indian subsidiary, WeWork India, for ₹244.1 crore through open-market transactions. This significant sale highlights ongoing strategic adjustments within the global co-working giant's Indian operations.
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