MUMBAI: Global investment banking major Goldman Sachs has picked up a significant ‘minority stake’ in hotel development and investment start-up SAMHI Hotels for 441 crore to help fund its growth plans. SAMHI Hotels had raised $170 million (over Rs 900 crore ) over the past four years. Ashish Jakhanwala, founder and CEO of SAMHI Hotels, did not disclose the details of the exact stake sold to Goldman Sachs or the company’s valuations. However, according to its filing with the Registrar .. Read more at: http://economictimes.indiatimes.com/articleshow/50445844.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source:Goldman Sachs acquires minority stake in SAMHI Hotels for Rs 441 crore
Industry: Other 2016-01-06
