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Orient-Express Hotels (OEH +22.4%) jumps after India's Tata Group offered $1.86B in an all cash...

Oct. 18, 2012 2:48 PM ETBelmond Ltd. (BEL) StockBELBy: David Yelle, SA News Editor
Orient-Express Hotels (OEH +22.4%) jumps after India's Tata Group offered $1.86B in an all cash bid for the hotelier last night. Tata is seeking to expand its international luxury-hotel chain that includes The Pierre in New York, and OEH owns New York's 21 Club restaurant and the Hotel Cipriani in Venice, Italy.

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