Café Coffee Day to sell Bengaluru IT park in to reduce debt burden

Two people with direct knowledge of CDEL’s board discussions confirmed this, adding that New York-based private equity giant Blackstone Group is one of the top contenders to buy the Global Village Park, which is owned by Tanglin Developments Ltd, a unit of CDEL.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/café-coffee-day-to-sell-bengaluru-it-parkto-reduce-debt-burden_12866441.html