Tatas launch hostile bid for Orient Express Hotels

October 19, 2012 10:57

Tata-owned Indian Hotels Company Ltd has launched a bid to control British luxury chain Orient Express Hotels along with Ferrari boss Luca Cordero di Montezemolo and Paul White. Interestingly, White is a former chief executive of the New York-listed Orient Express Hotels and had earlier opposed an alliance with the Indian conglomerate. Read

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