Source:NDTV Profit - DLF shares rose as much as 5.7 per cent on Monday after India's top real estate developer said it completed the sale of its Amanresorts luxury hotel chain back to original Indonesian owner Adrian Zecha for an enterprise value of around $358 million.
2.00 PM Feb 10th 2014
Source:VC Circle - The deal excludes Lodhi Hotel in Delhi which will continue to remain a part of DLF Ltd. India's largest real estate firm DLF today announced the sale of its luxury hospitality chain Amanresorts to its original founder Adrian Zecha for $358 million (or
2.00 PM Feb 10th 2014
Source:NDTV Profit - New Delhi: Realty firm DLF today announced the sale of its luxury hospitality chain Amanresorts to its original founder Adrian Zecha for $358 million (about Rs 2,200 crore), a development that would help the company trim net debt and exit from non-core
1.47 PM Feb 10th 2014
Source:Calcutta Telegraph News - New Delhi, Feb. 9: DLF, the Rs 7,800-crore realty giant, has finally sold its 100 per cent stake in Amanresorts for $358 million (Rs 2,200 crore) to Adrian Zecha, the flamboyant, 81-year-old hotelier who founded the luxury hotel chain in 1988. DLF had been in talks
12.39 PM Feb 10th 2014
@hmadan... Do you see any upside on DLF. There is a jump today probably due to the recent deal of DLF selling its asset amanresorts .. With the quarterly results due this week..is there any possibility of it going up further or would it be a good candidate to short now..
10.44 AM Feb 10th 2014
of 204 billion rupees at end-June, which it expects to reduce to Rs 175 billion by March 31. DLF in July agreed to sell its stake in a life insurance joint venture, but is yet to divest other non-core assets, including its luxury hotel chain Amanresorts.
7.58 PM Oct 8th 2013
Source:NDTV Profit - New Delhi: India's largest realty firm DLF will cut debt by about Rs 4,000 crore this fiscal as targeted even if the company is unable to close the $300 million deal to sell the luxury hotel chain Amanresorts. Last months, DLF said that it has started
8.59 PM Aug 4th 2013
has been divesting its non-core assets such as hotel plots, IT parks and SEZs since 2010 and had raised about Rs 8,000 crore till December last year. Recently, the company has been able to divest its three big-ticket assets — prime land parcel in Mumbai, hospitality chain Amanresorts and wind energy
1.05 PM May 13th 2013