Sahara overseas hotels

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 IST

Sahara 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

Sahara to sell 3 overseas hotels to Qatar Investment for $1.6 billion

Sahara and Qatar Investment Authority have drafted a share purchase agreement with the Qatar Investment seeking nod from the Supreme Court for the sale process for which it will file an application on Friday.

Jul 07, 2016, 16:11 PM IST