Qatar to acquire Sahara's Grosvenor House
The Sahara group told the Supreme Court on Tuesday that it had entered into an agreement to sell its interests in London’s Grosvenor House hotel (pictured) to ‘the state of Qatar’. Senior counsel Kapil Sibal submitted a sealed cover, which also included the details of another deal with Russian lender VTB Bank for refinancing the loans linked to the group’s stakes in New York’s Plaza and Dream Downtown hotels. Read Articles
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