India's Hotel Leela Venture to sell hotels, property to Brookfield for $576 million
(Reuters) – India’s Hotel Leela Venture Ltd said on Monday it would sell four of its hotels and a property to a fund sponsored by Canada’s Brookfield Asset Management for 39.50 billion rupees ($576.41 million).
The company will here sell four Leela hotels at Bengaluru, Chennai, Delhi and Udaipur and its property in Agra to Brookfield.
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