Simon Reuben

Sahara seals Rs 5,500-cr debt deal for foreign hotels: Report

In a major deal for Saharas, billionaire brothers David and Simon Reuben have acquired control of the crisis-hit Indian group's iconic Grosvenor House hotel here and the two US properties -- Plaza and Dream Downtown -- in a USD 850 million (Rs 5,500 crore) debt refinance deal, a media report said .

Jun 08, 2015, 14:08 PM IST