Originally Posted by
Ericka
So this is good news, right?
For me personally it is.
Originally Posted by
Kagehitokiri
peak hotels anyone? set up to hold only aman? presumably a new backer for zecha, and hopefully paying a reasonable amount of cash, in addition to having access to financing. would be nice to know who owns aman, although all that matters is how they fund/run company.
ill quote from next DLF financials when theyre released.
To the first question, yes -- rather familiar with what happened, including about provisions for staying at Aman.
To the latter question, it's more complicated than just that.
New backer of Zecha.
DLF doesn't know all the details about the buy side players, but Zecha was comfortable with his buy-side backers' funding ability and so was DLF satisfied.