20.01.2010 - India: PEs give realty IPO exits a miss
From Business-standard.com: Better gains after listing, avoiding pricing pressure on stocks key reasons. Private equity (PE) investors are holding on to their investments and not opting for an exit in at least four of the upcoming public issues of real estate companies. They are expecting better gains once these firms get listed. Initial public offerings (IPOs) are considered as one of the main exit routes for PE investors.....................................Full Article: Source
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