You are here: Home » Companies » News
Business Standard

DLF Cyber City completes acquisition of 51.8% stake in Fairleaf Real Estate

The group, through its subsidiary DLF Cyber City Developers (DCCDL), purchased 51.8 per cent stake in the firm that operates Gurgaon's upmarket commercial complex One Horizon Center

Topics
DLF Cyber City | Real Estate  | DLF

Arnab Dutta 

DLF Gurgaon office
DLF had entered into a share purchase agreement last quarter and with the deal now sealed, Fairleaf has become a wholly-owned subsidiary of DCCDL, it informed the Bombay Stock Exchange

major today completed its acquisition of Fairleaf

The group, through its subsidiary Cyber City Developers (DCCDL), purchased 51.8 per cent stake in the firm that operates Gurgaon's upmarket commercial complex, One Horizon Center.

had entered into a share purchase agreement last quarter and with the deal now sealed, Fairleaf has become a wholly-owned subsidiary of DCCDL, the firm informed the Bombay Stock Exchange.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, February 18 2021. 21:37 IST
RECOMMENDED FOR YOU
.