Page 2 - Carlyle Group

Carlyle preferred bidder for Baring PE's Hexaware in $3 bn deal: Report

Hexaware provides automation, cloud and customer services-related technology to a wide range of industries including finance, education, hospitality and manufacturing.

Carlyle affiliate to offload entire 1.9% stake in SBI Life Insurance

The price range for the share sale has been set at Rs 1,130 -Rs 1,136.85

CCI approves acquisition of equity stake by Carlyle in PNB Housing Finance

The transaction has been approved by the Competition Commission of India under the Green Channel, an official release said on Wednesday

SAT questions Sebi's intervention in PNB Housing-Carlyle Group deal

Says regulator could've waited before passing order in PNB HF matter

PNB advises Housing arm to rejig Carlyle deal as per Sebi order

PNB Housing to await SAT's order before taking a call on restructuring

SAT to hear matter on PNB Housing Finance-Carlyle deal next week

The Securities Appellate Tribunal (SAT) will hear the case related to the PNB Housing Finance-Carlyle deal next Monday. The order in the matter was expected on July 5, however, it was adjourned for July 12. PNB Housing had filed an appeal before the SAT against the letter issued by the Securities and Exchange Board of India last month, requesting it not to go ahead with the proposal until due diligence was done. "As sought by the company, the Securities Appellate Tribunal, in its hearing on July 5, 2021, adjourned the case for Monday, July 12, 2021," PNB Housing Finance said in a regulatory filing on Tuesday. Under the deal announced on May 31, the US-based Carlyle, alongside other investors, is slated to infuse Rs 4,000 crore capital into PNB Housing through the issuance of preference shares and warrants. However, the deal has come under the scanner of the regulator. The company was directed to carry out the valuation process of shares as per the relevant legal provisions. PNB .

Explained: Why red flags have gone up on PNB Housing-Carlyle deal

What are the contours of the deal? Why is the market regulator hesitant about giving the deal a go-ahead? In today's podcast we decode them and more

PNB HFC-Carlyle pact: Deal complies with guidelines, PNB board told

The government is looking at the issue and is awaiting Securities Appellate Tribunal order due on July 5

Preferential valuation

PNB Housing should have engaged an independent valuer

SAT allows vote on Carlyle's Rs 4,000-crore infusion in PNB Housing

Results not allowed to be disclosed; Tribunal allows Tuesday EGM to go ahead

PNB Housing hits 5% lower circuit as Sebi halts deal with Carlyle

Sebi has directed the company to undertake valuation of shares by an independent registered valuer as per the provisions of applicable laws

PNB Housing Finance defends Carlyle Group deal after Sebi halts move

Regulator wants report by independent valuer

PNB Housing Finance says Sebi has asked company to pause share sale

Market regulator says proposed Rs 4,000 crore share transfer is against the laws.

PNB Housing hits 5% upper circuit after 25% fall from 52-week high

In May, PNB Housing Finance had announced that it will raise Rs 4,000 crore from a clutch of investors, led by existing stakeholder Carlyle group, by way of issuing preference shares and warrants

PNB Housing Fin says pricing for Rs 4,000 cr-deal in line with mkt practice

This comes amid concerns raised in certain quarters about its proposed deal with Carlyle group

PNB Housing deal: Carlyle Group, others float 'draft letter offer'

This forms part of the proposed deal to invest Rs 4,000 crore in the company through a preference issue

Carlyle deal struck after due diligence, says PNB Housing Finance

Issue price arrived at after valuation by a CA, firm adds

PNB examining proxy advisor's concern on deal with Carlyle Group

The deal has split proxy advisory firms, which expressed divergent views on the proposed infusion in PNB Housing

Carlyle-led investment plan in PNB Housing unfair to stakeholders: SES

Governance watchdog recommends shareholders vote against the PNB Housing's board resolution approving preferential allotment.

PNB Housing: Fundamentals need to catch up with the stock now, say analysts

The fact that the capital raising plan was nearly double than what the Street had expected (Rs 1,800 crore) has helped the counter jump a massive 279 per cent from its 52-week low level