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ITC to acquire Kumarakom resort for Rs 205 crore
NEW DELHI: ITC Hotels Ltd Friday signed definitive agreements for acquisition of a luxury resort in Kumarakom, Kerala - The Zuri Kumarakom, Kerala Resort & Spa. The company will acquire 100% stake in Zuri Hotels & Resorts Pvt Ltd (ZHRPL), which owns the Resort, at an enterprise value of Rs 205 crore, on a debt-free and cashfree basis.
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thehindubusinessline.com
ITC Hotels Q4 net jumps 23% at ₹317 crore, plans to acquire Zuri Hotels and Resorts
ITC Hotels reports 23% Q4 net profit increase, plans to acquire Zuri Hotels and Resorts for ₹205 crore.
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timesofindia.indiatimes.com
ITC to acquire Kumarakom resort for Rs 205 crore
NEW DELHI: ITC Hotels Ltd Friday signed definitive agreements for acquisition of a luxury resort in Kumarakom, Kerala - The Zuri Kumarakom, Kerala Resort & Spa. The company will…