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CCD founder VG Siddhartha halts real estate venture sale to Blackstone, says report

Updated : June 24, 2019 08:53 AM IST

New York-based private equity firm Blackstone, along with Bengaluru based real estate firm Salarpuria Sattva Group, was in advanced talks with the CCD founder to buy Global Village Tech Park owned by Tanglin Developments the report added. 
The development comes after Siddhartha and two of his CCD affiliate firms, Coffee Day Enterprises Ltd and Coffee Day Trading Ltd sold 20.32 percent stake in the IT company Mindtree to Larsen and Toubro (L&T) in March, raising Rs 3,200 crore, the report said. 
The development comes after Siddhartha and two of his CCD affiliate firms, Coffee Day Enterprises Ltd and Coffee Day Trading Ltd sold 20.32 percent stake in the IT company Mindtree to Larsen and Toubro (L&T) in March, raising Rs 3,200 crore, the report said. 
CCD founder VG Siddhartha halts real estate venture sale to Blackstone, says report
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