Brunei Sultan denies New York hotels bid


BANGALORE: A spokesman for the Sultan of Brunei dismissed a report by the Wall Street Journal online that he had made a bid for New York’s Plaza Hotel, Dream Hotel and London’s Grosvenor House hotel.

The Journal’s website edition reported on Saturday, citing people familiar with the situation, that an investment firm affiliated with Brunei had offered to pay US$2bil for the three hotels, which are currently owned by India’s Sahara conglomerate.

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Business , Brunei Sultan , hotels , Plaza Hotel

   

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