Samadhi Retreats

M&A

Blumont eyes resort operator Samadhi Retreats in $43.8 mil deal

SINGAPORE (Mar 29): Blumont Group, one of the three counters at the centre of the penny stock crash saga in 2013, has entered into a term sheet for the proposed acquisition of Samadhi Retreats for up to $43.8 million.
Federico Asaro, group CEO of Samadhi Retreats

The accidental hotelier

Federico Asaro, group CEO of Samadhi Retreats, never harboured a desire to own hotels. Today, he runs four properties and counting.
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