Tag
Advent Convention and Hotels International Limited
2 articles
Prestige Estates Acquires 50% Stake in Advent Hotels
Prestige Estates Projects Limited entered an investment agreement to acquire a 50% stake in Advent Convention and Hotels International Limited.
The acquisition involves a cash consideration of up to ₹
Advent Hotels Sells 50% ACHIL Stake for ₹504 Crores
Advent Hotels executed an investment agreement for Prestige Estates to acquire a 50% stake in subsidiary ACHIL for ₹504 crores.
ACHIL ceases to be a wholly-owned subsidiary and becomes a 50:50 joint v