Prestige Hospitality Said to Explore Minority Stake Sale Instead of IPO
2026-06-18 13:02:01
Prestige Estates Projects Ltd. is considering putting an initial public offering of its hospitality unit on hold and is instead exploring a minority stake sale to private equity investors, people familiar with the matter said. In a potential shift in strategy, according to Bloomberg, the company is weighing a stake sale rather than proceeding with an IPO.
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