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Max India Chairman Singh Says He’s in ‘Process of Exiting EIH’

Max India Ltd. Chairman Analjit Singh is in talks with P. R. S. Oberoi, chairman at EIH Ltd., to sell his 4 percent stake in the operator of the Oberoi and Trident group of hotels, according to an e-mailed statement today. “I have been in the process of exiting the EIH stake, through a dialogue with Mr Oberoi,” Singh said in the statement.

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