QIA and Baring Private Equity Partners Sell RMZ Stake for Big Profits

Posted on 04/16/2018


Indian developer RMZ Corporation inked a deal to buyback shares owned by Baring Private Equity Partners and the Qatar Investment Authority (QIA). QIA (at 24% ownership) and Baring Private Equity Partners (at 21% ownership) sold off a 45% stake in RMZ, cashing in a combined US$ 1 billion. The promoters of RMZ are the billionaire […]