Sunny Bajaj completed the acquisition of remaining 49% stake in W Samui Retreat Hotel from Istithmar Hotels.

Synopsis

Sunny Bajaj, well-known Thai hotel developer, completed the acquisition of remaining 49% stake in W Samui Retreat Hotel in Koh Samui, Thailand from its JV partner Istithmar Hotels, a Dubai World subsidiary. Financial terms were not disclosed.

Principals

target

W Samui Retreat Hotel

bidder

Sunny Bajaj

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Market Context

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Vendor Team (5)

hh sheikh ahmed bin saeed al maktoum

Chairman at ISTITHMAR HOTELS FZE

Manager

vendor

Deals

£ 322 M

Total Value

uday mehra

Associate at Clifford Chance

Lawyer

vendor

Deals

£ 41 M

Total Value

melissa ng

Partner at Clifford Chance

Lawyer

vendor

Deals

£ 13.49 B

Total Value

vipavee kaosala

Senior Associate at Clifford Chance

Lawyer

vendor

Deals

n/a

Total Value

hh sheikh ahmed bin saeed al maktoum

Chairman at DUBAI WORLD CORP

Manager

vendor

Deals

£ 322 M

Total Value

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