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OYO in talks to acquire LA hotel firm's India biz: Report
short by Kanishka Pandey / on 09 Feb 2019,Saturday
Gurugram-based hotel startup OYO is reportedly in talks to acquire Los Angeles-based private equity and venture capital firm Berggruen Holdings' India hotel arm 'Keys Hotels'. The arm reportedly has an estimated debt of about ₹160 crore and is looking at a valuation of about $125 million (around ₹880 crore). Keys Hotels runs hotels and serviced apartments across 19 Indian cities.
short by Kanishka Pandey / 04:07 pm on 09 Feb
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