Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.65)

65. 

Which company sells Global Village Tech Park for 2,800 cr to Blackstone?

[A]. Larsen and Tourbo
[B]. Coffee Day
[C]. Ashok Leyland
[D]. Reliance Industries

Answer: Option B

Explanation:

Coffee Day Enterprises Ltd (CDEL) closed the deal to sell the Global Village Technology Park in Bengaluru to New York-based private equity giant Blackstone Group Llp. CDEL owns Coffee Day Global Ltd (coffee business), Sical Logistics Ltd (integrated logistics), Tanglin Developments Ltd ,Way2Wealth (financial services), and Coffee Day Hotels and Resorts Ltd (hospitality)obligations of at least ₹7,653 crore.

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