Edition:
India

Indiabulls Real Estate Agreed To Facilitate Divestment Of Chennai Assets


Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Indiabulls Real Estate Ltd ::AGREED TO FACILITATE DIVESTMENT OF CHENNAI ASSETS, IN TRANCHES, TO ENTITIES CONTROLLED BY BLACKSTONE GROUP L.P.SHALL NOT ISSUE ANY SHARES OR PAY ANY CONSIDERATION, PURSUANT TO AGREEMENT FOR DIVESTMENT.