India's Sahara Group being investigated on its high profile hotel buys in UK & US
Skift Take
For now, this investigation is for Sahara's UK deal, but likely will extend to its acquisition of New York's iconic Plaza Hotel as well. That will surely put a dampener on any new Sahara hotel deals going ahead.
In December 2010, Sahara bought the iconic hotel Grosvenor House, in London's Mayfair area for £470 million. Sahara's announcement led India's Enforcement Directorate, which was already looking into
