| Blackstone, GIC, Canada Pension Plan and Qatar Investment Authority are among the 25 global investment firms that have shown interest in buying DLF promoters' stake in its rental arm, a deal estimated at about $2 billion (Rs 13,532 crore). DLF, the country's largest realty firm, had in October last announced that its promoters will sell their 40% stake in the DLF Cyber City Developers Ltd (DCCDL).
According to sources, global investment firm Blackstone, Singapore's sovereign wealth fund GIC, Canada Pension Plan Investment Board (CPPIB), Singapore-based Mapletree, Qatar Investment Authority and Abu Dhabi Investment Authority are among the institutional investors that have evinced interest in taking part in the bidding process...............................................Full Article: Source
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