IHCL and Oriental Hotels Limited Announce Merger
IHCL will absorb associate company OHL via an all-stock deal at 25 IHCL shares per 117 OHL shares, folding in seven hotels and 825 rooms, with completion targeted in H2 FY2028.
IHCL will absorb associate company OHL via an all-stock deal at 25 IHCL shares per 117 OHL shares, folding in seven hotels and 825 rooms, with completion targeted in H2 FY2028.