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Asia

Will IHCL's merger with Oriental Hotels unlock value for shareholders? Here's what Goldman Sachs, Nomura, and others say

Markets-Economic Times · 2h ago · 🇮🇳 India

Will IHCL's merger with Oriental Hotels unlock value for shareholders? Here's what Goldman Sachs, Nomura, and others say

IHCL’s merger with Oriental Hotels is expected to be EPS accretive and strengthen its presence in South India, according to brokerages. Nomura, Goldman Sachs and JM Financial retained Buy ratings on IHCL, citing potential cost synergies, asset optimisation and direct ownership of key properties. The merger is expected to close in FY28.

Read the full story at Markets-Economic Times →

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