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George Soros holds 2.5 Percentage share in Indiabulls Real Estate

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As per the source saying @ the www.propertykhazana.com George Soros gets 2.5% share in India Bulls Real Estate for the whooping sum of Rs. 275 Crores. Soros Hedge Fund Quantum Fund took up around 6 Million Indiabulls real estate shares in the share market pouring Rs. 455 when the market closed 4.2% low for Rs. 449. The market experts say that there shall be no intensity in promoters ‘stake post-acquisition’ as the business was only barter of shares among the Quantum and Morgan Stanley.
The deal was performed while many of the American firms were involved in selling the shares predicting the recession in US. As per the data available with the www.propertykhazana.com George Soros, the real estate millionaire has poured investments in many of the Indian firm’s right from developers, builders, realty developers and branded infrastructure companies. The revealed source said that George Soros has invested on Unitech, GMR Infrastructure, Anant Raj Industries and Shree Pre coated Steels. The source further added that Soros Hedge Fund Quantum Fund has also has share in Future Capital Holdings of the Future Group.
Source: NBTVLIVE

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