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VERIFIEDMint Companies·positive
CPP Investments invests ₹3,000 cr in Prestige Hospitality Ventures
AI Summary
- ·CPP Investments acquired a 27% stake in Prestige Hospitality Ventures for ₹3,000 crore.
- ·This is CPP Investments' first direct investment in India's hospitality sector.
- ·The investment aims to support Prestige Hospitality Ventures' expansion plans.