Adani Group in talks to buy Emaar's India unit
Multinational business group the Adani Group is in advanced talks to buy the Indian unit of Dubai-based developer Emaar Group. The deal is expected to be done for USD 1.4 billion and could involve a USD 400 million equity infusion, which aims to expand Adani's real estate portfolio in India.
The agreement in this regard is expected by next month that is April 2025.
Also Read: Adani Group emerges highest bidder for redevelopment project worth Rs 36,000 crore in Mumbai