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CPP Investments to invest INR 30 billion in Prestige Hospitality Ventures, acquire ~27% stake

CPP Investments announced an INR 30 billion investment in Prestige Hospitality Ventures Limited, acquiring about a 27% stake through the investment.

BRIEF

Sept. 29 (Reuters) — CPP Investments said it has announced an INR 30 billion investment in Prestige Hospitality Ventures Limited. Through the investment, CPP Investments will acquire about 27% of PHVL.