February 16, 2017 / 5:44 AM / 5 months ago

BRIEF-Phoenix Mills buys indirect stake in unit Gangetic Hotels

1 Min Read

Feb 16 (Reuters) - Phoenix Mills Ltd

* Says acquisition of indirect stake by company in its subsidiary, Gangetic Hotels Pvt Ltd

* Says effective equity shareholding of co in GHPL has increased from 42.98 percent to 74.11 percent

* Says cumulative consideration for acquisition of INR 50 million Source text - (bit.ly/2lkldHB) Further company coverage:

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