HomeNewscompaniesEmbassy Group sells 4.2 crore shares in Embassy REIT to Bain Capital for Rs 1,250-1,300 crore

Embassy Group sells 4.2 crore shares in Embassy REIT to Bain Capital for Rs 1,250-1,300 crore

Bengaluru-based Embassy Group has entered into a strategic sale of a certain portion of its shareholding in Embassy Office Parks REIT to Bain Capital, according to a company statement.

Embassy Group aims to reduce overall debt by approximately 30 per cent before 30th June 2023.

PTI

first published: Mar 3, 2023 06:38 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

English

Markets

News

Personal Finance

Mutual Funds

Commodities

Media

Invest Now

Specials

Embassy Group sells 4.2 crore shares in Embassy REIT to Bain Capital for Rs 1,250-1,300 crore

Bengaluru-based Embassy Group has entered into a strategic sale of a certain portion of its shareholding in Embassy Office Parks REIT to Bain Capital, according to a company statement.

News

Features

Tools

Specials

Network 18 Sites

Personal Finance

Quick Links