Special Situation: Indiabulls Real Estate-Embassy Merger
Moneylife Digital Team 30 August 2021
Indiabulls Real Estate Ltd (IBREL) is the flagship real estate company of the Indiabulls group. IBREL has proposed a merger with entities of the Embassy group (Embassy). Incorporated in 1993, Embassy group is one of the leading real estate developers in India and has developed more than 55mn (million) sqft (square feet) of commercial as well as residential real estate, since inception. It...
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