- Private equity firm Blackstone has submitted draught papers to the Securities and Exchange Board of India (SEBI) for India’s first-ever pure-play retail mall real estate investment trust (REIT) IPO.
- The proposed IPO, which will include a $200 million primary component and a $300 million secondary component, is purportedly intended to raise $500 million for Blackstone.
Report: Blackstone files documents for India’s first retail mall REIT IPO.
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