Khazanah may pick up Amanresorts
Malaysian SWF Khazanah Nasional is seeking to pick up a controlling stake in exclusive luxury resort chain Amanresorts from its current owner, Indian real estate developer DFL Group, for some $300-350 million, according to reports.
DLF, which acquired Amanresorts in 2007 as part of planned expansion into hotels and hospitality, struck a deal with the chain's founder, Adrian Zecha, to take 50% of the business, which it reportedly...
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