Safal Constructions/Phoenix Millsto joint venture

22/7/2018

Joint venture

Value:

$ 69 million

Status:

Announced

Date:

22/7/2018

Overview:

Safal Constructions and Phoenix Mills will invest $63 million in their new joint venture Palladium Mall.
Safal Constructions will acquire the land and build the shopping center, while Phoenix Mills will operate it once it's done.

Daniel Semerdzhiev - Data analyst

Jurisdiction:

India

Deal type:

Joint venture

Practice area:

Corporate and M&A

Governing law:

India

Industry sector:

Construction and materials

Firms:

Cyril Amarchand Mangaldas

Party: Phoenix Mills Ltd (Joint venture partner)

JSA

Party: Safal Constructions Ltd (Joint venture partner)

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