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Tata Group’s Indian Hotels Company Ltd. (IHCL), which runs the Taj Group of hotels, is reviewing its options for the takeover of Orient- Express Hotels.
“The company has been a shareholder of Orient- Express Hotels Ltd, through a wholly owned subsidiary, and currently holds 6.9 per cent of Orient Express’s Class A common shares. On October 18, 2012 the company had formally written to the board of directors of Orient-Express communicating its desire to acquire all outstanding Class A shares and seeking the board’s consent and approval towards the proposal,” IHCL said.
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lamborghini company disadvantages of point one page
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