19 Jun, 2013
The Leela Palace, Bengaluru
Sunday, June 28, 2009 - 05:30 IST
Unitech Mops Up $575 Mn Via Private Placement; Buyers Not Known
BY Pallavi S
Unitech is now valued at around $4.5 bn as against its market capitalisation of just $710 mn in Nov 2008.
Real estate major Unitech has just raised $ 575 million (Rs 2,800 crore) through placement of shares with overseas investors at Rs 81 per share. This comes on the back of almost 9 times oversubscription for the mid...
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