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Phoenix Mills acquires 50% stake in Columbus Investment Advisory

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Capital Market
Last Updated : Oct 05 2017 | 7:28 PM IST

Through its subsidiary - Market City Resources

Phoenix Mills announced that the Company's wholly owned subsidiary, Market City Resources (MCRPL) has acquired 50% stake in Columbus Investment Advisory (CIAPL) on 04 October 2017 for a consideration of Rs. 55.50 lakh. Consequent upon the aforesaid acquisition, CIAPL has become an associate of the Company through MCRPL w.e.f 04 October 2017.

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First Published: Oct 05 2017 | 6:48 PM IST

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