Blackstone recently made headlines with discussions to acquire a 26% stake in Kolte-Patil Developers Ltd., a move that coincides with a 6% increase in its share price over the past week.
Kolte-Patil will allot a Blackstone entity 14.3% preferential shares in a deal worth 4.17 billion rupees, while its controlling shareholders will sell another 25.7% to the U.S. firm for about 7.5 ...
Kolte Patil share price today, March 17: The share price of Kolte Patil has risen more than 16% in the last five trading sessions. (Image: Freepik) Kolte Patil’s share price rose almost 4% to an ...
New York-based investment giant Blackstone Inc will acquire a 40 per cent stakeholding in Kolte-Patil Developers Limited, an Indian real estate firm, for ₹1,167.03 crore, according to an ...
US investment firm Blackstone is acquiring a 14.3 per cent stake in Kolte Patil Developers by way of a preferential allotment of shares. The acquisition is being routed through a Blackstone entity ...
Global investment firm Blackstone has announced a strategic partnership with Kolte-Patil Developers Limited (KPDL), acquiring up to 66 per cent stake in the Indian real estate company for ...
After the preferential allotment and share acquisition from existing shareholders, Blackstone will become a joint promoter of KDPL alongside the existing promoters, the Kolte and Patil family members.
(Reuters) - U.S. investment firm Blackstone will purchase a 40% stake in Indian real estate developer Kolte-Patil Developers in a deal worth 11.67 billion rupees ($134 million), the latter said on ...
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