Moneycontrol PRO

business

Indian Hotels tries to woo Orient-Express with 40% premium

CNBC-TV18's Menaka Doshi reports that Indian Hotels hopes to be third-time-lucky when it comes to acquiring Orient-Express Hotels. Indian Hotels vice-chairman RK Krishna Kumar says that the latest USD 1.2-billion bid should win the day as it is at a handsome 40 percent premium.

first published: Oct 19, 2012 10:57 pm

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