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Oberoi Hotels sells Soaltee stake

Oberoi Hotels sells Soaltee stake

In a large-scale secondary market sale of stock, Oberoi Hotels Private Limited of India on Tuesday sold its entire holding in Hotel Soaltee to Shiv Bikram Land and Investment—a Nepali institutional investor. The Indian hotel chain sold its 6.84 percent stake (1.02 million units of shares) in the oldest five-star hotel of the country for Rs 142.8…
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