Thursday, July 14, 2016

Indian Hotels sells Taj Boston for Rs 839 crore

Indian Hotels CompanyBSE -0.46 % (IHC), a Tata Group firm, has completed sale of its Taj Boston hotel for $125 million (about Rs 839 crore).




"United Overseas Holdings effected on July 12 the divestment of Taj Boston Hotel through sale of the entire issued and outstanding LLC interests of IHMS (Boston) LLC held by UOH to AS Holding LLC, Boston for an aggregate consideration of $125 million," IHC said in a BSE filing.

 Read more at: http://economictimes.indiatimes.com/articleshow/53188165.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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