Phoenix Mills inks pact with GIC for mixed-use retail platform; stock up 8% ...Middle East

Business Standard - Economy
Phoenix Mills inks pact with GIC for mixed-use retail platform; stock up 8%
source : Business Standard ( Middle East ) () 43
GIC will invest by way of a combination of primary infusion and secondary purchase of equity shares for a 26 per cent stake initially at an enterprise value of around Rs 5,600-5,700 crore.

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