Bombay Dyeing: Sumitomo inks deal for Bombay Dyeing's 2-acre in Mumbai's Worli for Rs 440 crore

Sumitomo Corporation Group has acquired a prime land parcel of nearly 2 acres in Mumbai's Worli from Bombay Dyeing & Manufacturing Company for Rs 440 crore. This deal is part of a larger agreement to acquire 22 acres in Worli for Rs 5,200 crore. The transaction was completed in two phases.