In a regulatory filing, the company informed that a meeting of the Board of Directors will be held on Feb. 9 to “review the existing corporate structure consisting of real estate and hotel/hospitality business segments and seek in-principle approval of the Board for corporate restructuring including but not limited to the demerger of hotel/hospitality business to unlock growth and value creation for all stakeholders.”
Read the full article at: https://www.ndtvprofit.com/business/db-realty-board-meet-on-feb-9-to-consider-corporate-restructuring-demerger-of-hotel-biz