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Purchase offer.

PURCHASE OFFER. Orient-Express Hotels Ltd., based in Bermuda, confirmed that it has received an unsolicited letter dated Oct. 18 from The Indian Hotels Co. Ltd. (IHCL) and other members of the Tata group of companies, and included in IHCL's SEC Schedule 13D/A filing of the same date, with an unsolicited proposal by those parties and a fund controlled by Montezemolo & Partners to acquire all outstanding shares of Orient-Express Hotels Ltd. The Board of Directors of Orient-Express Hotels Ltd. said it expects to evaluate the proposal carefully and respond in due course in accordance with the best interests of the Orient-Express Hotels Ltd. and its shareholders. Details:

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Title Annotation:BERMUDA
Publication:Caribbean Update
Date:Dec 1, 2012
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