Man Infra’s associate company acquires ownership interest in 1250 JV LP
The initial cash consideration for this acquisition is $10 million
Admire 1250 LLC, an associate of MICL Global, INC, a wholly owned subsidiary of Man Infraconstruction, has acquired ownership Interest of 15.39% in 1250 JV LP. The acquisition aims to carry out business of Real Estate Development and other lawful activities. The initial cash consideration for this acquisition is $10 million.
Man Infraconstruction is an India-based company engaged in the business of civil construction. The company’s operations consist of construction / project activities/real estate activities.
