Aditya Parekh’s Faering Capital picks up stake in Vastu Housing Finance
Faering Capital looks to participate in the mortgage lender’s journey ahead. Vastu Housing is focused on the affordable housing market in India and has also started an NBFC to service…
Poonawalla Housing Fin stake sale leads to rating downgrade
MUMBAI : Rating agency Care Ratings has downgraded the rating of Poonawalla Housing Finance by three notches, citing divestment by the promoter group. Care has downgraded ratings on long-term bank…
Baring PE Asia seems to be to decide up stake in Shriram Housing Finance
BPEA EQT, previously Baring PE Asia, is in advanced negotiations to acquire into Shriram Housing Finance Ltd (SHFL), a home finance loan subsidiary of Shriram Finance, people common with the…
Baring PE Asia looks to pick up stake in Shriram Housing Finance
BPEA EQT, formerly Baring PE Asia, is in advanced negotiations to buy into Shriram Housing Finance Ltd (SHFL), a mortgage subsidiary of Shriram Finance, people familiar with the matter said.…
Nigeria pays $7.15m to acquire additional stake in pan-African housing development firm
Shelter Afrique, a pan-Africa housing development financier, says it has received $7.15 million in additional capital subscription from the federal government. In September 2020, the institution received a $9.4 million…
Nigeria Raises Stake in Pan-African Housing Development Firm with N3bn Additional Capital
Emmanuel Addeh in Abuja The federal government has increased its stake in pan-African housing development financier, Shelter Afrique with about $3.003 billion or $7.15 million in additional capital subscription. The…
Nigeria Pays USD7.15m for Additional Stake in Shelter Afrique
Nairobi: 16 June 2022 – Pan-Africa housing development financier, Shelter Afrique has received USD7.15 million in additional capital subscription from the Federal Government of Nigeria. · Additional capital subscription places Nigeria just…