“HDFC entered into an agreement for acquiring 30.5 lakh shares, representing 25.01 percent share capital of Good Host Spaces Private Limited from Manipal Integrated Services Private Ltd. The cost of acquisition for this transaction is Rs 69.5 crore. Good Host Spaces is engaged in the business of managing and operating student housing facilities and related services,” reported BloombergQuint.

Argus Partners advised HDFC Limited led by a team of managing partner Krishnava Dutt, partner Adity Chaudhury, associate Riya Dutta, associate Ashish Patel, associate Deeya Ray, associate Kshitija Naik.

Shardul Amarchand Mangaldas advised Goldman Sachs and Good Host.

2018-08-23

Deal value: INR 69.5 crores

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