India: Realty player Prestige to buy out Red Fort Capital stake in group firm

India: Realty player Prestige to buy out Red Fort Capital stake in group firm

Photo: Pradeep Gaur/Mint

Real estate developer Prestige Group is set to acquire 66.66% stake from private equity partner Red Fort Capital and land owners in group company Prestige Projects Pvt. Ltd for Rs324 crore.

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