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Orient Express

May 31, 2014 at 11:54 | Source: PTI
Explaining the exceptional expenditure of Rs 715 crore, managing director Raymond Bickson said the company had to take this hit on account of diminution of its investments in Orient Express Hotels, BJets and IHMS Inc.
Nov 09, 2013 at 09:18 | Source: Moneycontrol.com
At a meeting of the Board of Indian Hotels Company held on November 08, 2013, has decided not to pursue the acquisition of outstanding 93.1% Class A Common Shares of Orient-Express Hotels and all contracts that were entered into to facilitate the bid, have all since been cancelled.
Nov 08, 2013 at 21:12 | Source: PTI
On October 18, 2012, the IHCL board had approved making an offer to the Bermuda-based firm seeking their consent for IHCL, through its wholly-owned subsidiary, to acquire the outstanding 93.1 percent Class A Common Shares of Orient-Express Hotels Ltd.
Sep 12, 2013 at 18:31 | Source: CNBC-TV18
Indian Hotels has been trying to acquire Orient Express since 2007. In November 2012, Orient Express had termed Indian Hotels USD 1.2 billion unsolicited bid as "too cheap".
Aug 02, 2013 at 21:49 | Source: PTI
The Tata group hospitality firm Indian Hotels Company, which runs the Taj brand of hotels and resorts, today said it would soon take a final call on its relationship with Orient-Express Hotels.
Jun 19, 2013 at 19:00 | Source: CNBC-TV18
Indian Hotels offer for acquiring US-based Orient Express may lapse as the Indian company did not modify offer price within stipulated time, sources say.
May 30, 2013 at 22:12 | Source: Moneycontrol.com
The company said it took a one-time loss of Rs 424 crore, as it recognised a diminution in the value of some of its long-term investments, including Orient-Express Hotels, since there had been a erosion in their net worth due to the global recessionary conditions.
May 30, 2013 at 21:02 | Source: Reuters
In November, US-listed Orient-Express, which owns the Hotel Cipriani in Venice and the '21' Club in New York, rejected a USD 1.2 billion unsolicited takeover offer from Indian Hotels as too cheap.
Feb 12, 2013 at 10:37 | Source: Moneycontrol.com
Indian Hotels' shares rose 2 percent in morning trade on Tuesday after the luxury hotels operator reported a 28 year-on-year rise in third quarter standalone net profit and said it would review its options over its bid for luxury hotels to trains operator Orient Express Hotels by the end of the current financial year.
Feb 11, 2013 at 22:00 | Source: PTI
Tata group's hospitality firm Indian Hotels Co Ltd (IHCL) today said it is reviewing options regarding its failed USD 1.86 billion bid to acquire Orient-Express Hotels.
Messages on Orient Express »

toexchange

Silver Member

5 Followers

EIH  

, Mauritius, Egypt and Saudi Arabia took the #1 spot in the ranking for large brands, with an impressive 94.7% GRI score. Four Seasons and Orient Express, scoring 92.3% and 92.1% respectively, followed.

5.13 PM Mar 26th

ziggu

Gold Member

2 Followers

Indian Hotels  

owner of the Taj Mahal chain of hotels and resorts, will not pursue its $1.2 billion bid to acquire U.S. luxury hotels group Orient-Express Hotels(OEH.N), it said on Friday, ending a year-long chase

12.23 PM Feb 20th

darshan04

Platinum Member

395 Followers

Indian Hotels  

I have always maintained my bullish View on Indian Hotel when it was in its 48 - 50 levels. I See this stock rocketing to Rs. 80 in No time. The orient Express which did not happen was a great news for Indian Hotel Stock. So if I see the Land Bank it has, the holiday Season and the biggest news

4.05 PM Dec 27th 2013

mirzapuri

Gold Member

6 Followers

Indian Hotels  

Investor should now accumulate Indian Hotel. It was going down because of Oriental Express Takeover bid. Now management has decided not to bid for the same. The new management appears worried about share prices and are taking corrective measures. I am now bullish on Indian Hotel.

12.33 PM Nov 11th 2013

Web Messenger

Platinum Member

235559 Followers

Indian Hotels  

Source:The Hindu BusinessLine - Tata group firm Indian Hotels Company Ltd (IHCL) has decided to drop its $1.7-billion pursuit of US luxury hotel chain Orient-Express Hotels, after two unsuccessful attempts. “…after taking into account all factors, the current economic environment as also other

2.54 PM Nov 9th 2013

Firstpost

Platinum Member

887 Followers

Indian Hotels  

Source:FirstPost - New Delhi: After two unsuccessful attempts,Tata group hospitality chain Indian Hotels Company Ltd (IHCL)today said it would not pursue its USD 1.86 billion bid toacquire the Bermuda-based Orient Express Hotels.On 18 October, 2012, the IHCL board had approved making anoffer

1.00 PM Nov 9th 2013

stocksresea
rch_in

Platinum Member

213 Followers

Indian Hotels  

EARNINGS REPORT: Indian Hotels board decidesnot to pursue Orient Express offer

7.18 PM Nov 8th 2013

stocksresea
rch_in

Platinum Member

213 Followers

Indian Hotels  

EARNINGS REPORT: Indian Hotels board decidesnot to pursue Orient Express offer

7.18 PM Nov 8th 2013

darshan04

Platinum Member

395 Followers

Jain Irrigation  

when they let go of orient express for the time being. Indian hotels have good properties at prime locations which gives them an extra edge from there compatitors. A huge story to go buy. Wait and watch the space

1.41 PM Oct 30th 2013

darshan04

Platinum Member

395 Followers

Delta Corp  

sign when they let go of Orient Express for the time being . Indian Hotels have good properties at prime locations which gives them an extra edge from there compatitors . A huge story to go buy . WAIT AND WATCH THE SPACE

9.14 PM Oct 29th 2013

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