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Amanresorts

Feb 17, 2014 at 09:30 | Source: Moneycontrol.com
The net debt had increased to Rs 19,926 crore at the end of December quarter, from Rs 1,9508 crore as on September 30.
Feb 15, 2014 at 17:54 | Source: PTI
Since January this year, DLF said it has sold Amanresorts (barring Lodhi property) for USD 358 million (over Rs 2,200 crore) and also settled the dispute with the Delhi Development Authority (DDA) on the Dwarka Convention Centre project with refund of Rs 676 crore.
Feb 10, 2014 at 11:49 | Source: Moneycontrol.com
The company had acquired a 35-acre plot by paying Rs 901 crore in 2007 to develop a convention centre but the project got into a legal tussle with the Delhi Development Authority when DLF proposed to acquire a foreign partner for the same.
Feb 10, 2014 at 09:50 | Source: Moneycontrol.com
In a statement, DLF said its subsidiary, DLF Global Hospitality Ltd, has completed the sale of entire 100 percent stake in Silverlink Resorts, which owns Amanresorts, to Aman Resorts Group Ltd for "an enterprise value of USD 358 million."
Feb 10, 2014 at 08:43 | Source: Moneycontrol.com
The deal excludes the iconic Lodhi Hotel in Delhi which will remain a part of DLF. The move will help the real estate company trim its net debt and exit from non-core businesses.
Feb 10, 2014 at 08:38 | Source: Moneycontrol.com
DLF GLOBAL HOSPITALITY a 100 percent step down subsidiary of DLF has completed the sale of 100 percent equity stake in Silverlink Resorts the owner of Amanresorts to Aman Resorts Group a Joint Venture between Peak Hotels & Resorts Group and Mr. Adrian Zecha, the founder of Amanresorts for an Enterprise Value of USD 358 million.
Dec 19, 2012 at 11:36 | Source: CNBC-TV18
Saurabh Chawla, Executive Director of DLF informed the sale however, would not involve their flagship New Delhi hotel. He also clarified that the money incurred from the deal would be largely utilised to trim its debts.
Dec 19, 2012 at 11:19 | Source: Moneycontrol.com
DLF to sell Amanresorts for USD 300 million. The deal does not Involve Aman New Delhi Property. The transaction is slated for final closure by end- February 2013 and is subject to usual closing conditions.
Dec 19, 2012 at 10:46 | Source: PTI
Realty major DLF said it has signed an agreement to sell luxury hotel chain Amanresorts to the hospitality property's founder and Chairman Adrian Zecha for about USD 300 million (over Rs 1,600 crore).
Nov 04, 2012 at 01:04 | Source: PTI
Realty major DLF expects to raise about Rs 2,500 crore by end of this fiscal from sale of its two non-core businesses, luxury hospitality chain Amanresorts and wind energy, a top company official has said.
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deepikarite
shkapoor

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DLF reports Q4 profit on gain from Amanresorts sale

1.01 PM May 30th

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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

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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

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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

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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

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Jaiprakash Asso  

@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

niftyfifty

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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

niftyfifty

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DLF  

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.

7.56 PM Oct 8th 2013

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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

abhaytiw

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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

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