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Nexus Select Trust proposes to utilize part of net proceeds towards the acquisition of a 30 percent stake in Nexus Indore Central (NMMCPL) from Olive Commercial Company Ltd.
Brookfield Asset Management and Tata Group are in talks to invest in the upcoming initial public offering (IPO) for Nexus Malls, betting that the Indian ......
BENGALURU (Reuters) - India's Nexus Malls, a Blackstone Inc-backed mall real estate investment trust portfolio, has set the price band for its 32 billion rupees ($391.1 million) initial public offering at 95 rupees to 100 rupees per unit, a newspaper advertisement showed on Wednesday. | 02:49am
The issue will open for subscription on May 9 and close on May 11
The public offer comprises a fresh issuance of units aggregating up to Rs 1,400 crore and an offer for sale of units by the selling unitholders aggregating up to Rs 1,800 crore.