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KSL Capital’s £1.4bn Acquisition: 25 U.S. Luxury Hotels

In a major deal, KSL Capital, a private equity firm, has announced its intention to purchase Hersha Hospitality Trust, the owner of 25 lifestyle and luxury hotels in the United States.

The all-cash transaction is valued at approximately $1.4 billion, representing a premium of around 60% to the closing stock price of the real estate investment trust on Friday. Photo: Getty Images

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