Blackstone, GIC shortlisted for 40% stake in DLF arm: Report
US-based Blackstone Group and Singapore sovereign fund GIC were reportedly shortlisted to purchase a 40% stake in the rental arm of India's largest listed developer DLF. The holding in DLF Cyber City Developers can earn over ₹10,000 crore, as per reports. The developer, with net debt of ₹22,120 crore, earlier said it received "multiple bids" for its commercial-property unit stake. 