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Sahara overseas hotels News

27 Jul 2016

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.

27 Jul 2016

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.

Qatar Investment Authority

07 Jul 2016

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.

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