Phoenix Mills gets funding worth € 200 million from MPC Synergy; Stock up 10%

Phoenix Mills gets funding worth € 200 million from MPC Synergy; Stock up 10% Posted August 24th, 2008 by Somesh Chawla Buzzing stocks Phoenix Mills Real Estate Mumbai Mumbai-based Phoenix Mills, a leading developer of malls and retail space, has informed that MPC Synergy, a Germany-based company will invest up to € 200 million (about Rs 1300 crore) in the Special Purpose Vehicles (SPV) of the Mumbai-based real estate developer as well as EWDPL India Pvt. Ltd.

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