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Amanresorts

Aug 18, 2015 at 18:29 | Source: PTI
DLF has been selling non-core land parcel and businesses for the last three-four years to focus on its core real estate business as well as to improve its cash flows and reduce debt.
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).
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SreeAdvice

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This has went up to the limit. The sale of Amanresorts around 1600 crores, when the market is expecting 2000 out of the deal is a bad sign. I hope all others are right, but the reverse will see a sharp downfall.

12.47 PM Dec 20th 2012

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Source:Economic Times - DLF has announced plan to sell part of its stake in Amanresorts Group back to founder and chairman Adrian Zecha for an enterprise value of about $300 million. In an interview with ET Now, Sriram Khattar, Senior Executive Director, DLF, talks about the transaction and plans

8.10 PM Dec 19th 2012

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Source:Business Today - Aman Resorts` Amangiri located in Canyon Point, Southern Utah, close to the border with Arizona. PHOTO: www.amanresorts.com Realty major DLF has signed an agreement to sell luxury hotel chain Aman Resorts to the hospitality property`s founder and chairman Adrian Zecha

7.03 PM Dec 19th 2012

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Source:The Hindu BusinessLine - Coimbatore, Dec 19: DLF Global Hospitality Ltd (DGHL), a 100 per cent step-down subsidiary of DLF Ltd and Adrian Zecha, Chairman of the Amanresorts Group, have signed a definitive agreement to enable Zecha`s Management Buy-Out (MBO) of DGHL`s 100 per cent

6.07 PM Dec 19th 2012

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Source:NDTV Profit - Mumbai: DLF, India's biggest property developer, will sell its Amanresorts luxury hotel chain in a management buy-out with an enterprise value of around $300 million (Rs 1,642.56 crore), the company said, in a deal that does not involve Amanresorts

5.51 PM Dec 19th 2012

jattpank86

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DLF`s Amanresorts sale a step in right direction: Analysts

4.57 PM Dec 19th 2012

ash_chakra0
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. It is the second major sale of non core asset by the company after it sold Lower Parel property to Lodha Builders for Rs 2,700 crore. DLF is selling non core assets to cut debt of Rs 23,000 crore on its books Adrian Zecha is the founder and Chairman of the Amanresorts Group of luxury resorts. At 10:10 a

1.58 PM Dec 19th 2012

ash_chakra0
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Real estate major DLF inks Amanresorts sale deal for Rs 1,600 cr with Adrian Zecha:- K P Singh-led real estate major DLF today said it has signed an agreement for effecting a sale of the luxury hotel chain Amanresorts to the hospitality property`s founder and Chairman Adrian Zecha for about USD

1.55 PM Dec 19th 2012

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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.

11.19 AM Dec 19th 2012

ash_chakra0
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DLF arm to sell Amanresorts for USD 300 mn:- DLF Global Hospitality (DGHL), 100% step-down subsidiary of DLF (Q,N,C,F)* and Adrian Zecha, the founder and chairman of the Amanresorts Group of luxury resorts, announced the signing of a definitive agreement to effect Zecha`s Management Buy

11.16 AM Dec 19th 2012

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May 31, 2014 at 06:52 | Source: Economic Times
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