The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India. The New York-based investment firm...
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A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million in an all-cash deal.
Watson Farley & Williams advised Railways Pension Trustee Company Limited on the deal. Railways Pension Trustee Company Limited (Railpen)...