Press Release
RSS/Syndication
SearchProvogue India sells stake in realty unit
Leading apparel retailer Provogue (India) Ltd Monday said the UK-based LTG International Ltd will invest Rs.569.7 million ($12.7 million) to pick up 3.36 percent stake in a unit of its real estate arm Prozone Enterprises Pvt Ltd.
- ItzCash Card join hands with HomeShop 18
- America's No.1 cosmetics company announces the Winners of the "Model of Beauty Search"
- Women resolve to prove their mettle in the leadership role
- 24x7 Learning partners The Retail Academy, UK
- ASUS Launches Fashion-Friendly Eee PC™ Model - The Eee PC S101
Leading apparel retailer Provogue (India) Ltd Monday said the UK-based LTG International Ltd will invest Rs.569.7 million ($12.7 million) to pick up 3.36 percent stake in a unit of its real estate arm Prozone Enterprises Pvt Ltd.
Prozone is a joint venture between Provogue and the London-based property company Liberty International Plc.
In April, Provogue sold 27 percent stake in the unit for Rs.4.57 billion to Triangle India Real Estate Fund, founded by Old Mutual Investment and ICS Realty.
Copyright © India PRwire/Indo Asian News Service. Reproduction of news articles or any other content in whole or in part in any form or medium without express written permission of India PRwire is prohibited.