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Blackstone's open offer for Kolte-Patil

Mint Kolkata

|

March 18, 2025

Global investment firm Blackstone has launched an open offer to acquire up to 26% stake in Pune-based realty firm Kolte-Patil Developers Ltd from public shareholders for ₹758.56 crore.

- PTI

Last week, Kolte-Patil Developers announced that Blackstone would acquire a 40% stake in the company for ₹1,150 crore, entering into Indian residential market after having a significant exposure in office, shopping mall, warehousing and data centre verticals of real estate.

Blackstone affiliated firm will acquire a 14.3% stake for ₹417 crore through a preferential issue of equity shares and another 25.7% stake from the promoters group for ₹750 crore.

Mint Kolkata

यह कहानी Mint Kolkata के March 18, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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