Prestige Estates to Acquire Allure Developers for Up to ₹523.76 Crore
Prestige Estates Projects said it entered into an agreement to acquire a 100% stake in Allure Developers for cash consideration of up to ₹523.76 crore. Allure Developers has become a wholly owned subsidiary.
Realty firm Prestige Estates Projects Ltd on Friday (November 6) said it has entered into a share purchase agreement to acquire a 100% stake in Allure Developers Private Ltd. for a cash consideration of up to ₹523.76 crore. With the acquisition, Allure Developers has become a wholly owned subsidiar…