04.07.2012 - Brigade group signs PE-deal with GIC to develop residential project on Whitefiled Main Road
Brigade Group and Government of Singapore Investment Corporation Pte Ltd (GIC), through its affiliate, Reco Begonia, have entered into a 51:49 Private Equity partnership through a Special Purpose Vehicle for the development of a residential project on Whitefield Main Road, Bangalore. The company would be developing the project and will be making an investment of over Rs.100 crores in the SPV with GIC as partner...............................................Full Article: Source
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