Adani Close to Acquiring Emaar's India Unit
Deal News | Mar 20, 2025 | Zawya
Indian billionaire Gautam Adani is reportedly on the verge of acquiring Emaar Group's Indian operations for $1.4 billion. The deal, initially reported by Bloomberg, involves discussions between the Adani family and Emaar regarding the transaction structure, which could include an unlisted Adani unit contributing approximately $400 million in equity. Although an agreement is expected to be finalized by April, ongoing talks imply that a definitive outcome is not guaranteed. Emaar had previously announced in January discussions with Indian companies, including Adani, for a potential stake sale in Emaar India. Adani Realty, part of the Adani Group, boasts of substantial developmental projects with 24 million square feet of completed properties and an additional 61 million square feet in progress.
Sectors
- Real Estate
- Investment & Finance
Geography
- India – The deal pertains directly to the Indian unit of Emaar and the real estate developments in India by Adani Realty.
- Dubai, UAE – Emaar Group is a Dubai-based developer, making the UAE relevant in the context of this acquisition.
Industry
- Real Estate – The article discusses a potential acquisition involving significant real estate assets, focusing on Adani Realty's developments and Emaar's Indian properties.
- Investment & Finance – The acquisition involves significant financial investments and structuring, which involves equity and investment transactions.
Financials
- $1.4 billion – The reported value of the potential acquisition of Emaar's India unit by Adani.
- $400 million – The potential equity investment by an unlisted unit of Adani Group as part of the deal structure.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Gautam Adani | Potential Buyer | Person | Indian billionaire looking to acquire Emaar’s Indian unit. |
| Adani Group | Potential Buyer’s Company | Company | The conglomerate behind Adani Realty, involved in the acquisition talks. |
| Adani Realty | Potential Buyer’s Subsidiary | Company | The real estate arm of Adani Group, with extensive real estate projects. |
| Emaar Group | Selling Company | Company | Dubai-based developer looking to sell its Indian operations. |