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$120m JGU-GS hostels deal: Zeus for Jindal, Wadia G for Good Host, SAM for HDFC on acq-financing

A Goldman Sachs unit has acquired the student housing facilities of a private university in north India at an enterprise value of ₹900 crore (about $120 million), said two people aware of the development.


We had also reported more on the deal earlier this week.

Shardul Amarchand Mangaldas & Co advised HDFC Bank Limited, which provided financial assistance to Good Host Spaces, led by a team of partner Debashree Dutta, senior associate Arijit Sarkar, associate Athul Laji, and associate Shreya Mishra.

Wadia Ghandy advised Good Host Spaces (Sonipat) Private Limited.

Zeus Law acted for OP Jindal Global University and Om Prakash Jindal Gramin Jankalyan Sansthan.


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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