Adrian Zecha, DLF partner to acquire Aman Resorts

Industry:    2016-04-03

Adrian Zecha, DLF partner to acquire Aman Resorts

DLF Ltd has informed the BSE that Mr Adrian Zecha, founder and Chairman of Aman Resorts, has announced that he has formed an equal partnership with the company, which has entered into definitive agreements to acquire a controlling interest in th e Aman Resorts Group.

The entire transaction, when completed, is estimated to be valued at $400 million with an assumed debt of approximately $150 million.

Aman Resorts is a leading hospitality and lifestyle business and currently owns and operates 22 luxury hotels, many with residences, in 12 countries. – Our Bureau

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