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Mahindra Holidays & Resorts’ arm acquires additional stake in HCR

23 Aug 2018 Evaluate

Mahindra Holidays & Resorts, through its step down subsidiary -- Covington S.a.r.l, Luxembourg has increased its stake in Holiday Club Resorts Oy, Finland (HCR) by acquiring additional 1.14% stake in the share capital of HCR and consequently, its stake in HCR has been increased to 96.29%.

Mahindra Holidays & Resorts is India’s leading player in the vacation ownership industry offering quality family holidays primarily through vacation ownership memberships.

Peers
Company Name CMP
The Indian Hotels Co 713.00
ITC Hotels 153.50
Mahindra Holi.&Resor 193.55
EIH 292.30
Chalet Hotels 843.90
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