Indian Hotels Co Ltd said on Thursday it had not decided on whether to revise its bid to acquire Orient-Express Hotels Ltd.
In November, U.S.-listed Orient-Express, which owns the Hotel Cipriani in Venice and the '21' Club in New York, rejected a $1.2 billion unsolicited takeover offer from Indian Hotels as too cheap.
"The board has not yet taken a decision on the Orient-Express bid. Different options are open to us," Anil Goel, executive director for finance, told reporters on Thursday. NEWS | Indian Hotels says no decision yet on Orient-Express bid
Indian Hotels Co Ltd said on Thursday it had not decided on whether to revise its bid to acquire Orient-Express Hotels Ltd.
In November, U.S.-listed Orient-Express, which owns the Hotel Cipriani in Venice and the '21' Club in New York, rejected a $1.2 billion unsolicited takeover offer from Indian Hotels as too cheap.
"The board has not yet taken a decision on the Orient-Express bid. Different options are open to us," Anil Goel, executive director for finance, told reporters on Thursday.