Warburg Pincus commits $284m to India's Piramal Realty
Warburg Pincus has agreed to invest INR18 billion ($284 million) in Piramal Realty, the real estate development arm of Indian conglomerate Piramal Group.
Piramal will use the funds to expand its portfolio and to acquire more land for development in and around Mumbai, according to a release. Currently the company has over 10 million square feet of land under...
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