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Mahindra Holidays buys 3.22% in HCR for 2.16 mn euros

Mahindra Holidays buys 3.22% in HCR for 2.16 mn euros

Tuesday, April 11, 2017, 6:38 PM

Mahindra Holidays & Resorts India Ltd (MHRIL) has acquired an additional 3.22% stake in Finland-based Holiday Club Resorts Oy (HCR) for 2.16 million euros (over Rs 14.5 crore). Holiday Club Resorts Oy is a leading vacation ownership company in Europe with 31 resorts in Finland, Sweden and Spain. Shares of MHRIL on Tuesday closed at Rs 448.15, up 1.33% on BSE.
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