Business & Tech

India-Based Sahara Group in Talks to Buy Controlling Stake in Beverly Hilton

The negotiations reportedly involve purchasing a 55 percent stake in the hotel for $340M.

The India-based Sahara Group is in talks to pay $340 million for a 55 percent stake in the .

According to The Economic Times:

The Sahara Group, fresh after a string of acquisitions of marquee hotel properties in the UK and the US, is in talks with US-based Oasis West Realty to pick up a controlling stake in Beverly Hilton hotel...

The famed hotel is known for hosting ,  and the .

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To read the full report in The Economic Times, click here.

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