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.
Juniper Hotels Limited executed an agreement to acquire 100% stake in Juniper Hospitality Assets Private Limited. The target will develop a 5-star hotel in Dwarka.
Juniper Hotels is acquiring 100% of JHAPL for ₹0.01 Crore to develop a 5-star hotel in New Delhi. JHAPL will become a wholly owned subsidiary.