Juniper Hotels to acquire Novotel Imagicaa for ₹248 Cr

Juniper Hotels to acquire Novotel Imagicaa for ₹248 Cr. The company announced a proposed acquisition of Novotel Imagicaa for ₹248 crore, marking a strategic expansion in the hospitality sector. This move is expected to enhance Juniper’s portfolio and footprint in key leisure destinations. The acquisition underscores growing consolidation in the Indian hotel industry.

📊 STOCKS: $JUNIPER | 🏢 SECTOR: Realty | #HIGHIMPACT #Acquisition