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Blackstone to Buy 40% Stake in Kolte-Patil Developers for Over Rs 1,150 Cr
Hindustan Times Navi Mumbai
|March 15, 2025
Global investment firm Blackstone will acquire a 40 per cent stake in Pune-based realty firm Kolte-Patil Developers Ltd for Rs 1,150 crore.
NEW DELHI:
The investment firm will acquire a 14.3 per cent stake for Rs 417 crore through a preferential issue of equity shares and another 25.7 per cent stake from the promoters group for Rs 750 crore, according to an exchange filing.
Blackstone will launch an open offer to acquire an additional up to 26 per cent stake in the Kolte-Patil Developers Ltd.
Denne historien er fra March 15, 2025-utgaven av Hindustan Times Navi Mumbai.
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