Friday, January 25, 2008

Goldman to invest Rs 800 cr in Bangalore company

Goldman Sachs is in advanced stage of discussions to invest around Rs 800 crore in Bangalore-based real estate player Century Group, sources said. The real estate fund of Goldman Sachs is seen infusing liquidity into a special purpose vehicle (SPV) for commercially developing over 300 acre near Yelahanka in north Bangalore, which is in proximity to the upcoming international airport.

source

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