Adani Group in advanced talks to acquire Emaar India for $1.5 billion

The Adani Group is in advanced negotiations to buy Emaar India for around USD 1.4-1.5 billion. Emaar Properties wants to sell a stake in Emaar India, but details are not finalized. Adani Group has several real estate ventures in India and is the highest bidder for major redevelopment projects in Mumbai.

Adani Group in advanced talks to acquire Emaar India for $1.5 billion
The Adani Group is in advanced negotiations to buy Emaar India for around USD 1.4-1.5 billion. Emaar Properties wants to sell a stake in Emaar India, but details are not finalized. Adani Group has several real estate ventures in India and is the highest bidder for major redevelopment projects in Mumbai.