DLF to invest Rs 3,750 cr for majority stake in proposed JV with Everstone to invest in IREO Group
DLF Ltd is planning to invest Rs 3,750 crore to acquire a majority stake in a joint venture. This venture will partner with Everstone to invest in IREO India companies and related entities. DLF has previously acquired land in Gurugram from IREO, demonstrating their established relationship. The joint venture aims to enhance governance and operational capabilities within IREO’s existing business framework. Completion of this transaction is anticipated by next year.
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