CCI nod to Embassy Group’s acquisition of WeWork India
The decision formalises the proposed deal of WeWork Global to exit its operations in India
The decision formalises the proposed deal of WeWork Global to exit its operations in India
The Chandigarh branch of NCLT has withheld its sanction for the merger of NAM Estates and Embassy One with Indiabulls Real Estate.
The Bengaluru-based real estate developer plans to almost double WeWork India’s flexible space operations over the next 12 months.
While New York-headquartered WeWork has come under severe scrutiny in the past weeks, can Embassy-controlled WeWork India negate the negative impact on its valuation and future expansion plans?