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Goldman Sachs to invests $40 million in Vatika Hotels

US-based investment banking firm Goldman Sachs has invested Rs 255 crore as equity in Vatika Hotels, a hospitality venture of realty firm Vatika group.


Gurgaon-based Vatika group did not disclose the stake bought by Goldman Sachs in Vatika Hotels, which currently has two hospitality projects in Haryana. "Goldman Sachs, through its affiliate, have taken equity worth Rs 255 crore into Vatika Hotels," Vatika Group said in a statement.

 Read more at: http://economictimes.indiatimes.com/articleshow/45617539.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst