Prestige Estates’ hospitality unit reportedly withdraws draft IPO papers
Bloomberg reports that the unit cited strategic considerations and uncertain market conditions as reasons for the withdrawal.
TLDR
The hospitality unit of Prestige Estates Projects Ltd., India’s fourth-most valuable developer, withdrew its draft initial public offering papers, Bloomberg reports. The unit cited strategic considerations and uncertain market conditions.
Prestige Estates’ hospitality unit reportedly withdraws draft IPO papers
Bloomberg reports that the unit cited strategic considerations and uncertain market conditions as reasons for the withdrawal.
TLDR
The hospitality unit of Prestige Estates Projects Ltd., India’s fourth-most valuable developer, withdrew its draft initial public offering papers, Bloomberg reports. The unit cited strategic considerations and uncertain market conditions.