Private Equity |
November 06, 2013#39894
Landmark sells stake in Wave Group's project
ASAPP news bureau
Dalmia Group's property investment subsidiary
Landmark has divested its entire stake in the Ghaziabad township project of Wave Infratech for a consideration of Rs 350 crore. The deal earned Landmark an internal rate of return (IRR) of 22 per cent for its investment of Rs 111.26 crore in January 2007.
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