India Digest: RMZ, Mitsui form $1b JV; JSW arm sells Geo Steel stake

India Digest: RMZ, Mitsui form $1b JV; JSW arm sells Geo Steel stake

Photo: Pixabay

Real estate company RMZ Corp has formed an equal joint venture of $1 billion with Japan’s Mitsui Fudosan Co. Ltd to develop commercial projects across India. Meanwhile, JSW Steel (Netherlands) B V has completed the sale of a 39 per cent stake held in Geo Steel LLC.

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