Sahara rejects $1.3 billion offer, calls it attempt to lower price
Sahara group on Wednesday rejected a new USD 1.3 billion offer from a group of investors for its three prized overseas hotels, terming it a "devious attempt" to lower the price and disturb the sentiment of other bidders making "much higher" offers.
Jul 27, 2016, 15:59 PM ISTSahara group gets $1.3 billion offer from new suitor for its 3 overseas hotels
Scurrying for funds, embattled Sahara group has got a USD 1.3 billion offer from a new suitor for its three prized overseas hotels including the Grosvenor House and Park Plaza.
Jul 27, 2016, 13:13 PM IST