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Macrotech aims to scale digital infra business on its own
November 18, 2024
|Mint Mumbai
Its digital infra portfolio under Lodha Industrial and Logistics Park is 5 mn sqft across 3 warehousing & industrial parks
Macrotech Developers Ltd, which operates under the Lodha brand name, plans to build and scale its digital infrastructure business on its own, after recently buying out existing investors' stakes, said a top company executive.
In the last two months, the Mumbai-based developer purchased the entire stake held by private equity firm Bain Capital in three of the company's digital infrastructure subsidiaries -- Bellissimo Digital Infrastructure Development Management Pvt. Ltd., Palava Induslogic 4 Pvt. Ltd., and Bellissimo In City FC Mumbai Pvt. Ltd -- for ₹307 crore. It also bought out the stake held by an entity of Canada's Ivanhoé Cambridge Inc. for ₹239.56 crore.
هذه القصة من طبعة November 18, 2024 من Mint Mumbai.
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