India Digest: Blackstone in final leg to buy ADAG's Mumbai HQ; SoftBank eyes Snapdeal

REUTERS/Issei Kato

Global investors Blackstone and Brookfield are among the final bidders for Reliance ADAG’s headquarters in Mumbai’s Santacruz suburb. In another development, SoftBank may lead a $100-million funding round in Snapdeal.

Blackstone in final leg to buy ADAG’s Mumbai HQ

Private equity firms Blackstone Group, Mapletree Investments, Brookfield Asset Management, Apollo Global and a domestic fund managed by InterGlobe Enterprises’ real estate are among the final bidders for Reliance ADAG’s headquarters in Mumbai’s Santacruz suburb, The Economic Times reported.

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