Most often MNCs divest their real estate assets to overcome their financial crises. This phenomenon is not confined to Indian Corporates alone. Whenever any MNCs are loaded with debt it seeks to repair with divesting some real estate assets. They may face debt due to sluggish market or economic recession. Rising debt has been a […]
Tag: Divestment
Gayatri To Buy Five Infrastructure Companies
May 27, 2008 – 3:53 am
Infrastructure firm Gayatri Projects is all set to acquire five smaller infrastructure firms in the country, paving the way for its inorganic expansion. The company plans to fund these acquisitions through divestment of 49% equity in favour of Australian multi billion-dollar wealth management firm AMP. The latter will bring to the table Rs 200 crore […]
