IHCL, which planned to use own funds, as well as funds from Tata Group entities and bank debt to finance the deal, said in its current statement it had cancelled all contracts it had entered into in connection with the offer for OEH.Country: BermudaSector: Hotels/Restaurants/Casinos/CateringTarget: Orient-Express Hotels
LtdBuyer: Indian Hotels Co Ltd, Tata GroupDeal size in USD: 1.2bnType: Corporate acquisitionFinancing: Cash & DebtStatus: Terminated
Tim Helliwell, Head of Hotel Finance at Barclays, said: Orient-Express Hotels
has a long-standing relationship with Barclays and our understanding not only of their business, but of the industry, meant we were able to tailor a facility to meet their needs.
Orient-Express Names President, Rejects Unsolicited Acquisition Offer.
According to the report, IHC said that if acquired, the new Orient-Express Hotels
will continue to remain an independent company.
The top after-market NYSE losers were Ultra Petroleum Corp, PennyMac Mortgage Investment Trust, Orient-Express Hotels
Ltd, Arch Coal and Genworth Financial Inc.
Citalia package easyJet five For this leg of the holiday, we stayed in two Orient-Express hotels
. The first - the Villa Sant'Andrea - is right on the beach.
Orient-Express Hotel Orient-Express Hotels
Launches New iPad App.
Ltd (NYSE: OEH), a US-based company that owns or part-owns and manages 50 luxury hotels, restaurants, tourist trains and river cruise properties operating in 25 countries, has announced its results for the fourth quarter ended December 31, 2011.
PRCo Ltd has appointed Pippa Isbell, formerly vice-president, corporate communications at Orient-Express Hotels
, to the position of chief executive.
16 November 2010 - Bermuda-based hotel and leisure group Orient-Express Hotels
Ltd (NYSE:OEH) said on Monday it had generated USD123.6m (EUR90.8m) in total gross proceeds from its core offering of 10m class A common shares plus 1.5m shares sold under an over-allotment option.
Silversea, Orient-Express Hotels
Trains & Cruises, Aqua Expeditions, Hotel Tsuruga Group and Shanti Maurice, A Nira Resort are amongst the latest exhibitors to have signed up for the opportunity to meet with the luxury travel buyers and unique lifestyle providers that serve the Japanese high-net-worth market.
co.za - courtesy of Orient-Express Hotels
. Hayes & Jarvis offer eight nights from pounds 1,449 in September, with two nights each at Spier Hotel, Mont Rochelle, Les Baleines and Cape Royal (all B&B), return flights ex-Heathrow and car hire.