India: Phoenix Mills buys back stakes in four malls for $210m

India: Phoenix Mills buys back stakes in four malls for $210m

Phoenix Mall. Photo: Mint.

Retail developer Phoenix Mills Ltd is buying back stakes from various investors in four of its mall projects for around Rs1,350 crore, making it the sole owner of the assets.

Bring stories like this into your inbox every day.

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