Friday, February 15, 2008

Farallon, LNM to pick stake in Indiabulls co; invest Rs 1,580 cr

Indiabulls Real Estate has entered into an agreement with FIM and LNM India Internet Ventures, who will jointly invest Rs 1,580 crore. FIM is a foreign venture capital investor managed by Farallon Capital Management LLC and LNM India Internet Ventures is an investment entity of LN Mittal group.

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