Home / Front Page/ Advisors shortlisted to find investors for Hilton and Hyatt

Advisors shortlisted to find investors for Hilton and Hyatt


Comments / {{hitsCtrl.values.hits}} Views / Thursday, 12 April 2018 00:00

Facebook

Four companies have been shortlisted to act as advisors to find investors to purchase the Hilton and Hyatt hotels, according to the Public Enterprise and Kandy Development Ministry.    

The four companies are Hotelivate Ltd, Jones Lang Lasalle Property Consultants (India) Ltd, KPMG and Lazard Asia Ltd. 

They were shortlisted from 15 companies that bid to become advisors, according to documents posted on the Public Enterprise and Kandy Development Ministry website. 

State-owned Hilton and Hyatt were initially expected to be listed on the stock exchange, and are among several ventures, including Lanka Hospitals, that the Government had earmarked to be divested from State control.  


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS