The Shapoorji Pallonji Group is attracting interest from over a dozen financial firms worldwide for its $3.3 billion debt-raising efforts. This move underscores the appetite among investors for the real estate and construction giant's financial strategy. The group is expected to sell bonds between April and June 2025 as part of this initiative. In related news, billionaire Gautam Adani is reportedly in advanced discussions to acquire the Indian unit of Dubai-based developer Emaar, with a potential enterprise value of $1.4 billion. The deal structure is currently being negotiated, indicating a significant development in the Indian real estate market.
Abu Dhabi sovereign wealth fund Mubadala is considering plans to sell at least part of its $1 billion stake in telecom operator Du, according to people familiar with the matter. https://t.co/FMSk5M5NgP via @NicolasParasie
Three winters from now, Japan's snowy Myoko highlands will be home to a $1.4 billion mega-resort built by a Singaporean fund, with hotels charging some $1,350 a night. https://t.co/GDN1PtnznQ https://t.co/k0LJLe8wrU
#Adani, #Emaar said to be discussing deal structure for $1.4 billion India unit https://t.co/EayWm3vssW