
Blackstone Launches Rs 759-Crore Open Offer To Acquire Up To 26% Stake In Kolte-Patil Developers
Kolte-Patil Developers has announced that Blackstone would acquire a 40 per cent stake in the company for Rs 1,150 crore, entering into Indian residential market. Blackstone’s open offer has been launched at Rs 329 per share aggregating to a total consideration of up to Rs 758.56 crore. Global investment firm Blackstone has launched an…