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Acquisition
Juniper Hotels Acquisition
Juniper Hotels has signed a binding MoU with Imagicaaworld Entertainment to acquire Hotel Novotel Imagicaa, located in Khopoli, Maharashtra.
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Juniper Hotels has signed a binding MoU with Imagicaaworld Entertainment to acquire Hotel Novotel Imagicaa, located in Khopoli, Maharashtra.
Juniper Hotels Ltd signed a binding MoU to acquire the operating Novotel Imagicaa hotel from Imagicaaworld Entertainment Ltd for a total consideration of Rs. 248 Crore.
Juniper Hotels approved acquiring Novotel Imagicaa hotel in Khopoli from Imagicaaworld for ₹248 Crore. The 287-room property adds a Mumbai-Pune corridor asset to its hospitality portfolio.