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Indian Hotels Company Ltd May Raise Orient Express Hotels' Offer, Take Full Control-The Economic Times


Sunday, 28 Oct 2012 01:21am EDT 

The Economic Times reported that Tata group firm Indian Hotels Company Ltd is understood to be prepared to increase offer from USD1.86 billion to take full control of US-based hospitality chain Orient Express Hotels. According to sources in the know of the development, the Indian firm is willing to sweeten the offer if it gets to go through the books of the American firm and found more value. 

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