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CPP Investments to invest up to ₹3,000 crore for 28% in Prestige Hospitality
CPP Investments signed a binding framework to invest up to Rs 3,000 crore for up to a 28% stake in Prestige Hospitality Ventures, the hospitality subsidiary of Prestige Estates, through primary and secondary investment tranches.
Reported figures
From the report. Source details below
| PHVL standalone turnover: | Rs 345.89 crore in last financial year |
|---|---|
| Prestige Estates consolidated turnover: | Rs 13,195.5 crore |
Also in the report
- CPP Investments manages funds for over 22 million contributors and beneficiaries
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