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Clearwater Capital exits Sayaji Hotels with over 70% valuation bump

By Bhawna Gupta

  • 06 Feb 2013

Clearwater Capital Partners has sold its entire 27.16 per cent stake in Sayaji Hotels Ltd for around Rs 61.3 crore ($11.5 million) to its promoter group, the Dhanani family. Dhananis, who recently struck a deal to sell their majority stake in the public-listed fertiliser firm Liberty Phosphate Ltd to Coromandel ......

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