The proposed joint venture will acquire at least 20 per cent in IREO India companies and hold about 40 per cent economic interest, with closing expected during 2027

DLF Limited, India’s largest real estate company by market capitalisation, and Singapore-based investment manager Everstone Group have signed a binding and exclusive term sheet to form a joint venture (JV) to invest in IREO Private Limited and other group companies in India, the companies said on Friday.....

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Via business-standard.com