The Guardian -
1 Mar 2015 18:44
But long-standing minority shareholder Paddy McKillen believes complex legal agreements between the shareholders effectively weaken the brothers' hand Abu Dhabi's leading sovereign wealth fund has indicated it wants to buy three of Mayfair's top hotels -- Claridge's, the Berkeley and the Connaught -- for £1.6bn. The Abu Dhabi Investment Authority (ADIA) is understood to have written to the board of Coroin, the company behind the hotels, signalling its takeover ambitions.
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