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Kolte-Patil Developers Announces Open Offer by Blackstone Consortium

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Kolte-Patil Developers Announces Open Offer by Blackstone Consortium

Confident Investing Starts Here:

Kolte-Patil Developers Limited ( (IN:KOLTEPATIL) ) has shared an update.

Kolte-Patil Developers Limited has announced a public offer by BREP Asia III India Holding Co VII Pte. Ltd, in collaboration with Blackstone Real Estate Partners Asia III L.P. and Blackstone Real Estate Partners (Offshore) X.TE-F (AIV) L.P., to acquire shares from the public shareholders. This move is part of a substantial acquisition under the Securities and Exchange Board of India regulations, potentially impacting the company’s ownership structure and market positioning.

More about Kolte-Patil Developers Limited

Kolte-Patil Developers Limited is a prominent real estate company based in Pune, India, with operations extending to Bangalore. The company specializes in residential, commercial, and retail projects, focusing on delivering high-quality developments that cater to various market segments.

YTD Price Performance: -4.95%

Average Trading Volume: 21,958

Current Market Cap: 24.12B INR

See more data about KOLTEPATIL stock on TipRanks’ Stock Analysis page.

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