Adani Emaar Deal

Adani-group-in-advance-talks-to-acquire-emaar-india

Adani Group in advance talks to acquire Emaar India

Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around USD 1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and invested Rs 8,500 crore through the joint venture firm Emaar MGF...

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