- ITC Hotels demerger is a win-win for everybody: Sanjiv Puri’
The last couple of years have also seen the opening of 32 new hotels,
including new formats such as Storri and Mementoes.
from: Fortune India
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- 1:10 Split, 3 Bonus, 29 Dividends: Right Time To Buy FMCG Giant ITC Stock?
Big Demerger, Acquisition Update
The company made a big demerger update of its much-awaited hotels business,
and also announced the acquisition of EIH and HLV.
from: Goodreturns
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- ITC ups stake in Oberoi Group & Leela Mumbai ahead of hotel arms Jan 1
demerger
India Business News: ITC bought more shares of EIH, the parent company of
Oberoi Hotels. ITC's stake in EIH is now 16.13%.
from: Times of India
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- ITC hikes stake in EIH and HLV
Post such acquisition, the Company's shareholding in EIH and HLV aggregates
16.13% and 8.11%, of their paid-up share capital, respectively.
from: Business Standard
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- Demergers to watch out for in 2025: ITC, Vedanta, 3 others
Diversified conglomerates ITC and Vedanta are among five companies which
are set to demerge some part of their businesses in 2025. A few of...
from: The Economic Times
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- ITC Expands Hospitality Portfolio With Stakes In EIH, Leela Mumbai
In a strategic move to strengthen its presence in the luxury hospitality
sector, ITC has acquired a 2.44 per cent stake in EIH and a 0.53...
from: BW BusinessWorld
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- ITC announces effective date for its hotel business demerger
The company's shareholders showed overwhelming support for the demerger in
June this year.
from: Yahoo Finance
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- ITC Consolidates Oberoi, Leela Stakes Ahead of Hotel Demerger
ITC Ltd acquires shares in Oberoi and Leela hotel chains, increasing its
stake ahead of the demerger of its hotels business into a separate...
from: Rediff MoneyWiz
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- EIH shares in focus after ITC acquires 2.44% stake
Shares of luxury hospitality company EIH Limited will be in focus on
Thursday after ITC acquired a 2.44% stake in the company,...
from: The Economic Times
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