TVS Emerald to acquire Radial IT Park phase II, III for over Rs 575 cr

TVS Emerald will acquire two IT park companies. The deal is worth over Rs 575 crore. This includes Radial (Phase II) IT Park and Radial (Phase III) IT Park. The acquisitions will expand TVS Emerald's reach. The deal is expected to close by December 31, 2024. TVS Emerald aims to boost its revenue opportunities.