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Kempinski AG

Leela Group to sell part of its property to meet debt

Thursday, August 7th, 2014 No Comments »

Leela Group to sell part of its property to meet debt
The Leela Group which is the former partner of Kempinski AG in India is in talks to sell some part of its properties in order to pay debt as stated by its chairman Vivek Nair. The group, whose listed unit Hotel Leela Venture Ltd. had a total debt of Rs 5,000 crore ($821 million) as [...] Continue Reading »



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