19 Jun, 2013
The Leela Palace, Bengaluru
Friday, October 19, 2012 - 09:59 IST
Tata makes $1.2B bid to buy luxury hotel group Orient-Express, joins hands with Italian fund
BY TEAM VCC
Orient-Express is one of the few failed bulge bracket buyout attempts by Ratan Tata-led conglomerate over the last five years.
The Tata Group has once again revived its plans to acquire the luxury hospitality group Orient-Express after being snapped at by its management five years ago. Indian Hotels Company Ltd, which runs a chain of hotels in India...
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