Sunday, February 2, 2020

Morgan Stanley managed fund to invest Rs 190cr in Centrum Housing

Morgan Stanley managed fund to invest Rs 190cr in Centrum Housing The infusion by a fund run by Morgan Stanley Private Equity Asia will lead to the private equity (PE) giant acquiring a "significant minority stake" in CHFL, which began operations in April 2017, the companies said in a joint statement without disclosing how much the equity dilution will be.

from Moneycontrol Business News https://ift.tt/2S524HW
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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...