The two entities are currently in the early stages of their talks and the blueprint of the stake sale is being chalked out. “There is no certainty on the amount of stake to be picked up [by the Adani Group] as a lot of details are yet to be finalised,” say sources.
Multi-billionaire business tycoon Gautam Adani’s Adani Realty is looking to pick up a stake in real estate major Emaar India. Senior management executives from Ahmedabad-based Adani Realty are currently in talks with Emaar leadership to chalk out a plan, which would involve the Indian company owning a part of the realtor.
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