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ITC to demerge its hotels business.

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Service Providers

Cyril Amarchand Mangaldas

legal advisors

Cyril Amarchand Mangaldas

Kotak Investment Banking

financial advisors

Kotak Investment Banking

PricewaterhouseCoopers

financial advisors

PricewaterhouseCoopers

or

Principals

ITC LIMITED (HOTELS BUSINESS)

target

ITC LIMITED (HOTELS BUSINESS)

INSTITUTIONAL INVESTORS

bidder

INSTITUTIONAL INVESTORS

ITC LIMITED

vendor

ITC LIMITED

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