Spore Gender and GIC buy Hyderabad-based Waverock from SP for Rs 2.2 thousand crore

Spore Gender and GIC buy Hyderabad-based Waverock from SP for Rs 2.2 thousand crore

Hyderabad: The city’s iconic Waverock IT SEZ, which houses companies such as tech giant Apple, has been acquired by Singapore-based Xander Group in partnership with the Government Investment Corporation of Singapore (GIC) for about Rs 2,200 crore. Xander Investments, the private equity real estate arm of Xander Group, has acquired 100% stake in TSI Business … Read more