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Bergamo Acquisition Corp. Announces Agreements with Conglomerate from India

^{Published on 2011-06-13 06:55:47 - Market Wire}
 

HENDERSON, Nev.--([ BUSINESS WIRE ])--Bergamo Acquisition Corp. (OTC: BGMO): The management of Bergamo Acquisition Corp. is pleased to announce agreements signed between Bergamo Acquisition Corp. and Aerens Group India.

Bergamo Acquisition Corp. is pleased to announce the agreement signed between Bergamo Acquisition Corp. and Aerens Jai Realty PVT Ltd. in relation to selling, Joint Venture, Strategic Alliance, External commercial borrowings, Foreign Direct Investment, Debt & Equity Financing and Investment services for real estate projects of Aerens Jai Realty PVT LTD. ([ http://www.aerenr.com ]).

Aerens Group has been a pioneer in developing new generation and path breaking projects in real estate. It has a significant multidimensional and multifaceted presence in Real Estate Development i.e. multiplexes, malls, retail, residential, leisure, entertainment and infrastructure activities.

Aerens Family is a well renowned group in North India with a strong track record of developing a number of real estate projects. The foundation of the business of the family was laid by Late Shri Jai Narain Gupta in 1969. Over the years, the family has created a strong niche for itself in the areas of real estate, shopping malls, townships and resorts across North India.

Safe Harbour Statement: This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.