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Dutch pension fund APG

Stake in hotel chain Lemon Tree raised by Dutch pension fund APG

Stake in hotel chain Lemon Tree raised by Dutch pension fund APG
The Dutch pension fund now holds around 13% stake in mid-market hotel chain Lemon Tree. This deal has pegged the valuation of the hotel at approximately Rs 3,000 crore. With the help of this capital infusion LemonTree aims to have close to 8000 owned and managed rooms by 2017. Earlier the hotel company signed a [...] Continue Reading »



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