GameStop frenzy prompts SEC to weigh more short sale transparency
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Dave Michaels
, The Wall Street Journal
House lawmakers meeting Thursday plan to examine the GameStop trading and discuss the dearth of short-sale data
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Wall Street’s main regulator is weighing whether to require more transparency of short selling and the opaque network of stock lending and borrowing that facilitates it, according to people familiar with the matter.
The Securities and Exchange Commission was ordered 11 years ago to impose such rules but never did it. Now, dealing with the fallout from frenetic trading in GameStop Corp. shares, the agency under new leadership is considering using its authority to shine more light on the mechanics of the bearish trades.
DCCDL had entered into a securities purchase agreement with funds managed by Hines, a global real estate investment, development and management firm, to acquire stake in Fairleaf
DLF Cyber City Developers picks 51 8% stake in Fairleaf Real Estate siasat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siasat.com Daily Mail and Mail on Sunday newspapers.
DLF Cyber City Developers picks 51.8% stake in Fairleaf Real Estate
By IANS |
Published on
Thu, Feb 18 2021 20:36 IST |
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New Delhi, Feb 18 : DLF Cyber City Developers Ltd (DCCDL), a subsidiary of DLF Ltd, has completed the acquisition of 51.8 per cent stake in Fairleaf Real Estate Private Ltd for Rs 779.40 crore.
Consequent to the transaction, Fairleaf has become a wholly-owned subsidiary of DCCDL, DLF said in a regulatory filing on Thursday. We would now like to inform that DCCDL has completed the acquisition of this 51.8 per cent stake at a consideration of Rs 779.40 crore and consequently, Fairleaf has become a wholly-owned subsidiary of DCCDL with effect from today i.e. 18th February 2021, it said.
DLF rental arm acquires One Horizon Centre building in Gurugram for ₹780 cr
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The DCCDL exercised the first right of refusal to acquire Hines stake
Hines had nearly 52 per cent stake in the One Horizon Centre while the rest was with the DCCDL
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New Delhi: Realty major DLF s rental arm DCCDL has completed the acquisition of the entire 52 per cent stake of US-based Hines in a premium commercial project in Gurugram for ₹780 crore.
In December, DLF had informed that its joint venture firm DLF Cyber City Developers Ltd (DCCDL) entered into a securities purchase agreement with funds managed by Hines for acquisition of their stake in Fairleaf Real Estate, which owns and operates One Horizon Center . DCCDL has completed the acquisition of this 51.8 per cent stake at a consideration of ₹779.40 crore and consequently Fairleaf has become a wholly-owned subsidiary of DCCDL with effect from today i.e. February 18, 2021 , DLF said in a regulatory