Sahara India Pariwar acquires 75% stake in NYC's Plaza Hotel

11/28/2012 | GlobeSt.com

Sahara India Pariwar has completed its acquisition of a 75% stake in the 230-room Plaza Hotel in New York. The $431 million purchase from El Ad US Holding puts Sahara in partnership with Kingdom Holding Co., which keeps its 25% stake in the landmark property.

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