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AZB acts on $210m Warburg-Lemon Tree JV

Private equity firm Warburg Pincus is setting up a joint venture with Lemon Tree Hotels Ltd that plans to invest as much as Rs 3,000 crore ($426 million) to develop full-service accommodation for students and young working professionals.

AZB & Partners advised Warburg Pincus and Lemon Tree Hotels Limited led by a team of partners Anil Kasturi and Nandita Govind, and associates Ashish Pareek, Anupam Misra, Ananya Thakral and Vanya Chhabra.


Deal value: $210m / INR 15000m

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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