SENSEX
NIFTY
GOLD
USD/INR

Weather

image 15    C

Economy News

The Economic Times

Economy / The Economic Times

details

Warburg Pincus to buy APGs 41% stake in Fleur; to invest Rs 960 cr

Lemon Tree Hotels' board has approved a significant deal. Warburg Pincus will acquire a stake in Fleur Hotels and invest Rs 960 crore. This move will create two focused companies. Lemon Tree Hotels will become an asset-light management platform. Fleur Hotels will be a large-scale hotel ownership entity. The process is expected to complete in 12 to 15 months.

10 Jan 2026 3:41 pm