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PitchBoard | 31 October 2011

A Kerala Based 5 Star Hotel Opportunity

by Irfan Khan
 
@irfan
A Kerala based 5 star hotel property with a natural Spa, restaurants, convention hall and private theatre is looking for investor or outright sale. Expected deal size $40-50 MM.

(This is a featured deal by an advisory firm. The deal is independently validated by DC. To respond to the deal, follow instructions in the DealForwards widget below)

GP Goenka To Sell Andhra Cements Stake To Dalmia Group

GP Goenka is selling his 45% stake in Andhra Cements Ltd to Dalmia Group.

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Matrix Partners Part Exits Muthoot Finance

Matrix Partners India LLC has sold a major part of its investment in gold loan company Muthoot Finance Limited for a consideration of INR 836.9 Mn in the open market. The firm sold 4.85 Mn shares amounting to 1.22% stake in the company at a unit price of INR 172.53. Also Government of Singapore picked up 0.87% stake for INR 603.5 Mn.

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