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M&AFinancial Express

DLF to invest Rs 3,750 crore in JV with Everstone

Positive+155 sources

GreyOak summary

DLF plans to invest Rs 3,750 crore in a joint venture with Everstone to acquire a 40% stake in IREO India Companies. This deal aims to expand DLF's presence in the National Capital Region by leveraging IREO's land parcels. The transaction is expected to close next year.

What it affects

  • DLFPositive +15

    Investing Rs 3,750 crore in JV with Everstone.Rolling sentiment Positive +19

Source

Read the original at Financial Express

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