BRIEF-Lemon Tree Hotels Signs Non-Binding Term Sheet With Berggruen Hotels

  • Reuters
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BRIEF-Lemon Tree Hotels Signs Non-Binding Term Sheet With Berggruen Hotels
Credit: © Reuters.

March 13 (Reuters) - Lemon Tree Hotels Ltd LEMO.NS :

* SAYS SIGNED A NON-BINDING TERM SHEET WITH BERGGRUEN HOTELS PRIVATE LIMITED

* SAYS DEAL FOR ACQUISITION OF 100% OF SHAREHOLDING OF KEYS HOTELS BY CO DIRECTLY OR THROUGH ITS SUBSIDIARIES

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