Prestige Hospitality Is Said to Explore Stake Sale Instead of IPO (opens original article in a new tab)

Prestige Estates Projects Ltd. is considering delaying its hospitality unit's IPO and exploring a minority stake sale to private equity investors instead.

• Prestige Estates Projects Ltd. is considering delaying its hospitality unit's IPO
• The company is exploring a minority stake sale to private equity investors
• The decision is based on market conditions and strategic considerations