Sahara buys London hotel for Rs 3,290 cr

Sahara buys London hotel for Rs 3,290 cr: "In the largest overseas acquisition by an Indian company in the hospitality sector, Sahara India Pariwar of Subrata Roy has acquired iconic Governor House, a 5-star luxury hotel run by JW Marriott in Central London from The Royal Bank of Scotland Group plc for around £470 million (around Rs 3,290 crore). “The valuation of the hotel, three years back was more than £1 billion. The valuation, even today is...

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