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

ReutersAug 20, 2025 8:29 AM

** 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

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