India: Blackstone picks up majority stake in Forum Group mall for $39m

India: Blackstone picks up majority stake in Forum Group mall for $39m

Photo: Bloomberg

Global private equity major Blackstone Group has acquired a majority stake of 75 per cent Esplanade Mall by Forum Group in Bhubaneswar, in Odisha for Rs 2.5 billion ($39 million), according to a Business Standard report quoting sources.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter