| The parent of China’s Hainan Airlines as well as Qatar’s sovereign wealth fund and French luxury goods group LVMH Moet Hennessy Louis Vuitton are likely to bid for high-end resort chain Amanresorts International when final bids are due next week, people familiar with the situation said.
Indian real estate firm DLF, which is seeking more than $400mn from the sale of the resorts, put the chain up for sale earlier this year, they said. The bids are likely to be between $450mn and $550mn, one of the people said, with the deal likely to close by December..............................................Full Article: Source
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