DLF to invest ₹3,750 crore in JV with Everstone to acquire economic interest in IREO companies

DLF and Everstone Group have agreed to form a joint venture to invest in IREO and other IREO group companies in India. DLF plans to invest about ₹3,750 crore for a majority stake in the JV, which will ultimately hold an aggregate economic interest of approximately 40% in the IREO India companies.
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