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Puneet Chhatwal
2 articles
IHCL to Merge OHL at 25:117 Share Ratio
IHCL and OHL announce Board-approved Scheme of Arrangement for OHL's amalgamation into IHCL.
The all-stock transaction proposes an exchange ratio of 25 IHCL shares for every 117 OHL shares.
The merger
IHCL Merges Oriental Hotels via All-Stock Deal
IHCL announces merger with associate Oriental Hotels via Scheme of Arrangement, subject to approvals.
Proposed share exchange ratio is 25 IHCL shares for every 117 OHL shares in an all-stock transacti