India's Phoenix Mills up after Canada pension fund deal wins antitrust nod

The Phoenix Mills

20/08/2025 09:29

** Shares of mall operator Phoenix Mills PHOE.NS jump 3% to 1,552 rupees

** Competition Commission of India approves co's $631 mln deal with Canada's biggest pension fund - CPP Investments

** PHOE rated "buy" on avg by 16 analysts, median PT is 1,760 rupees, as per data compiled by LSEG

** Stock gained 7% since deal announcement in late July

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))