Latest News on Global Village Tech Park
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Global Village Tech Park - Total results - 5
Feb 27, 2020
Blackstone pays first tranche of Rs 150 cr for acquiring Coffee Day's technology park, remainder to be paid in a yearAfter Blackstone made the payment, it is expected that CDEL's working capital situation may improve and the majority of the proceeds may be utilised to bring down the overall debt of the company.
Dec 11, 2019
Coffee Day Enterprises seeks lenders nod for completion of deal to sell Global Village Tech Park to BlackstoneCoffee Day Enterprises is seeking its lenders's nod for the completion of the deal to sell Bengaluru-based Global Village Tech Park to global investment firm Blackstone and realty firm Salarpuria Sattva at an enterprise value of Rs 2,700 crore, the company said on Wednesday
Nov 14, 2019
Coffee Day Enterprises reports multi-fold jump in net profit at Rs 1,567 cr thanks to Mindtree disinvestmentThe company, which runs Cafe Coffee Day chains, had reported a profit of Rs 21.06 crore for April-June period a year ago
Sep 17, 2019
Blackstone Group all set to buy Cafe Coffee Day's Global Village Tech Park; firm's debt to come down by more than half post-dealAccordingly, Blackstone and South-based developer Salarpuria Sattva will acquire the 90-acre, technology park held by subsidiary, Tanglin Retail Realty.
Aug 14, 2019
Coffee Day Enterprises to sell its Bengaluru tech park to Blackstone for up to Rs 3,000 cr to cut debtCafe chain operator Coffee Day Enterprises on Wednesday announced the sale of its Global Village Tech Park in Bengaluru to Blackstone for up to Rs 3,000 crore to cut its debt