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Previous Year 2015 saw Indian investors & traders move away from the trend of investing in physical assets such as real estate & gold said by Nilesh Shah, MD(managing director) of Kotak Mahindra Asset Management. Instead the focus was more on equities current year. He estimates this will continue in 2016 year as well.
French retailer Casino Group has entered an agreement with funds managed by affiliates of Apollo Global Management (The Apollo Funds) to sell 32 store properties for a total consideration of €470m ($529m).
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