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Khaitan Khaitan, SAM act on Oyo’s buy of ITC’s Fortune Select Metro hotel Chennai

New Delhi: SoftBank-backed Oyo Hotels & Homes has acquired Fortune Select Metropolitan Jaipur, currently managed by ITC Hotels, as part of its plans to enter the four-star segment currently dominated by marquee Indian and international hotel chains. Oyo has acquired the Jaipur fourstar property from the Emaar Group, people familiar with the matter said.

The Economic Times

Shardul Amarchand Mangaldas advised Oyo led by partner Mrinal Kumar and principal associate Rohan Jain and associate Kshitij Arora.

Khaitan & Khaitan advised the seller, Emaar Group, led by a team of partner Subodh Sadana and principal associate Neha Verma.


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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