JSA, Amarchand, Sullivan, Simpson Thacher act on Goldman-Sachs’ stake sale in Four Seasons project to Blackstone, EmbassyOctober 6 2014
J. Sagar Associates (JSA) advised the Goldman Sachs-managed Whitehall fund in the sale of its 73% stake in City View Bangalore Properties, which is developing a “Four Seasons Hotel and Private Residences” project at Bangalore.
The deal is valued at Rs.630 crore. To help finance the deal, Blackstone Group will invest Rs.200 crore to acquire a 50% stake in the project. The remaining 50% will be with Embassy Property, which will develop it, according to
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