Sultan of Brunei bids for Sahara' New York and London luxury hotels: WSJ.com

August 17, 2014 3:26 PM

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Sultan of Brunei bids for Sahara' New York and London luxury hotels: WSJ.com

NEW YORK (Reuters) - The Sultan of Brunei has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel, the Wall Street Journal's website edition reported on Saturday, citing people familiar with the situation.

An investment firm affiliated with Brunei has offered to pay $2 billion for the three hotels, which are currently owned by India's Sahara conglomerate, WSJ.com said.

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