Online hotel aggregator OYO has acquired Chennai-based service apartment operator Novascotia Boutique Homes, marking its first major buyout as well as establishing its presence in the service apartment and corporate executive stay segment. The deal, negotiations for which were kicked off in October last year, concluded last month.
— The Economic Times

IndusLaw advised Oyo Rooms.

2018-03-18

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.