Khaitan & Co, Antares Legal act on Nexus Select Trust's ₹1,600 crore acquisition of mall and hotel in Guwahati
Nexus Select Trust is set to acquire 100% of the share capital of Galaxy Infra Creations Private Limited for a purchase consideration of ~₹1,600 crore, from its existing shareholders Deepak Kayal, Manoj Kayal and others. Galaxy is the owner, developer and operator of a 5.16 lakh sq. ft. Grade-A retail mall in Guwahati, India, by the name ‘Galaxy Mall’; and a 164-key hotel in Guwahati, India, by the name Hyatt Regency Hotel.
Sources
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