India:
Goldman Sachs Invests In Piramal Realty
21 September 2015
Nishith Desai Associates
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Group companies of Goldman Sachs Group, Inc.
("Goldman Sachs"), have agreed to invest
USD 150 million for a minority stake in PRL Developers Private
Limited ("Piramal Realty"), the real
estate arm of the Piramal group.
Piramal Realty is involved in developing high end residential
and commercial properties in and around Mumbai. The Piramal group
is one of India's leading conglomerates with interests in
pharmaceuticals, financial services, information management, glass
packaging and real estate. You can read more about Piramal Realty
at http://piramalrealty.com/
The Goldman Sachs Group, Inc. is a leading global investment
banking, securities, and investment management firm that provides a
wide range of financial services to a substantial and diversified
client base that includes corporations, financial institutions,
governments and high-net-worth individuals. Founded in 1869, the
firm is headquartered in New York and maintains offices in all
major financial centers around the world.
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