India: 3 Associates tells SC it plans to buy Sahara’s overseas hotels for $1.3b

India: 3 Associates tells SC it plans to buy Sahara’s overseas hotels for $1.3b

A file photo of Sahara Group chief Subrata Roy Sahara. Photo: Mint

United Kingdom-based investment firm 3 Associates Capital Management Ltd informed the Supreme Court (SC) on Wednesday about its intent to buy Sahara India’s stake in its overseas hotels for $1.3 billion.

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