Katara Hospitality Ltd. acquired Plaza LLC (USA) from Sahara India Pariwar Ltd., Ashkenazy Acquisition Corporation, Kingdom Holding Company (SASE:4280) and Sant Singh Chatwal for $600 million on July 2, 2018. Under the terms, Chatwal sold his 5% stake, Sahara India Pariwar Ltd. sold 70% stake, Ashkenazy Acquisition Corporation and Kingdom Holding Company (SASE:4280) sold total of 25% stake. Jeffrey Davis of Jones Lang LaSalle Incorporated acted as broker in the transaction. Katara Hospitality Ltd. completed the acquisition of Plaza LLC (USA) from Sahara India Pariwar Ltd., Ashkenazy Acquisition Corporation, Kingdom Holding Company (SASE:4280) and Sant Singh Chatwal on July 2, 2018.