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CPPIB to exit JV with Phoenix for ₹5,449 crore
July 25, 2025
|Mint Mumbai
Canada's biggest pension fund will exit a joint venture with India's Phoenix Mills in a cash deal worth ₹5,449 crore, the mall operator said on Thursday.
CPP Investments' exit comes at a time when brick-and-mortar retailers are grappling with reducing footfalls and increasing competition from e-commerce platforms.
هذه القصة من طبعة July 25, 2025 من Mint Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint Mumbai
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