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DLF makes Rs 3,750 crore move for IREO's real estate portfolio, joins hands with Everstone

Positive+14

GreyOak summary

DLF Ltd plans to invest Rs 3,750 crore to acquire a majority stake in a joint venture with Everstone Group. The deal is expected to be completed next year.

What it affects

  • Real EstatePositive +14

    JV targets IREO land parcels in Delhi-NCR.Rolling sentiment Neutral +14

  • DLFPositive +13

    Investing Rs 3,750 crore in a JVRolling sentiment Positive +19

Source

Read the original at Moneycontrol

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