Wednesday 25 April 2018
India JV

Emaar to split with India JV partner MGF Developments

Dubai's Emaar Properties plans to split with its Indian joint venture partner through a demerger process, the emirate's biggest property developer said on Wednesday. The move ends a decade-long relationship between Emaar a


Vodafone takes full control of India JV

British mobile phone giant Vodafone is taking full control of its Indian joint venture by buying out its local partner Essar Group, a statement said, ending a troubled relationship. Vodafone, which has sought to make India a crown jewel in


Emaar to sell 10-15pc stake of MFG in IPO

Emaar Properties will sell a 10-15-per cent stake of its India MFG joint venture in an $800-million initial public offering, a local newspaper reported on Sunday. Emaar, the builder of the world's tallest tower, will appoint bankers to


Acacia Real Estate enters India retail JV

Acacia Real Estate Limited said it has acquired a 26 per cent stake in a retail development mall in Delhi through a joint venture with Anant Raj Group, a publicly-listed company with a market capitalization of $1.2 billion. A specialised

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