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Leela Venture sells hospitality business to Brookfield for Rs 3,950 crore

Updated : March 18, 2019 06:10 PM IST

The transaction includes assignment of all hotel management contracts currently in operation as well as all management contracts for hotels which are currently under development, along with the employees of the hotels.
JM Financial Limited acted as the exclusive financial advisor to HLVL for this transaction.
Leela Venture sells hospitality business to Brookfield for Rs 3,950 crore

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