Unitech to raise $1 bn through stake sale
Real estate major Unitech is looking at raising around $1 billion through a stake sell in its telecom venture Unitech Wireless to fund its mega expansion plans. NDTV has learnt that Unitech is looking at divesting 30-35 per cent stake to raise $1 billion valuing the enterprise at around $3 billion. The company expects to finalise the deal by the beginning of June.
