India Development News & Foreign Investment Opportunities

Minor plans US$350 million stake in Leelaventure

Trinity backs Thai bid

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Trinity backs Thai bid

Tajmahal

Thailand’s Minor International is leading an global consortium with a US$350 million investment plan for Hotel Leelaventure Ltd, one of India’s leading hospitality group.

Bethesda, Maryland-based Trinity White City Ventures is backing the bid for a majority stake in the Mumbai-based Leelaventure which owns or manages nine property across India.

Minor has invested US$2.6 billion on taking control of the Spanish chain NH Hotel Group this year. Fiinews.com

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