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HK firm sues Sahara India over sale of hotels

Published Wed, Jun 24, 2015 · 09:50 PM
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Mumbai

THE sale of the Plaza and Dream hotels in New York and London's Grosvenor Hotel by an Indian conglomerate trying to raise money to bail its majority owner out of jail hit another snag as a Hong Kong investment company sued, claiming that it was unfairly shut out of the deal.

JTS Trading's US suit seeking to block Sahara India Pariwar from going ahead with the …

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