Monday, June 28, 2021

Lessons from the PNB Housing Finance fiasco

Lessons from the PNB Housing Finance fiasco The way forward for PNB Housing seems to be to revisit the pricing of the preferential allotment of shares by getting a proper valuation done that includes a control premium, and structure it in a manner where all funds are infused upfront 

from Moneycontrol Business News https://ift.tt/2U6Ripq
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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 ...