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Blackstone in final leg to buy Unitech in its SEZ & IT Park JV for $220M

By Pooja Sarkar

  • 05 Dec 2012

Unitech Ltd is close to selling its 40 per cent stake in the special purpose vehicle (SPV) with Unitech Corporate Parks (UCP), which houses special economic zones (SEZ) and Information Technology (IT) Parks, for Rs 1,200 crore ($220 million) to private equity giant Blackstone, sources privy to the development told ......

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