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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Khazanah set to buy Aman Resorts from DLF

Posted on 17 June 2010

From Indiatimes.com: Malaysian sovereign wealth fund Khazanah is close to buying a controlling stake in Aman Resorts from debt-laden DLF for about $300-$350 million, people familiar with the matter said.
The deal may not include Aman’s New Delhi property, and, if concluded, will help India’s largest real estate company cut its Rs 14,000 crore debt pile.DLF is being advised by Goldman Sachs and JP Morgan……………………………………………Full Article: Source


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