Reliance To Buy Luxury Hotel In New York For Nearly $100 Million

Reliance Industries is buying a majority stake in New York’s Mandarin Oriental Hotel Reliance Industries Limited (RIL) is paying nearly $100 million for a controlling stake in Mandarin Oriental New York, a five-star hotel in midtown Manhattan, through the purchase of its Cayman Islands-based parent. Reliance said in a stock exchange filing on Saturday (January 8) … Read more

Reliance To Buy Luxury Hotel In New York For Nearly $100 Million

Reliance Industries is buying a majority stake in New York’s Mandarin Oriental Hotel Reliance Industries Limited (RIL) is paying nearly $100 million for a controlling stake in Mandarin Oriental New York, a five-star hotel in midtown Manhattan, through the purchase of its Cayman Islands-based parent. Reliance said in a stock exchange filing on Saturday (January 8) … Read more