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New Deal


Announced

Completed

Action Group acquired Action Hotels for £303m.

Financials

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Transaction Value£83m
Consideration TypeCash
Capital Owned72%
Capital Bid For28%
EV/Sales6.8x
EV/EBITDA27.87x
Share Price Premium-
One Off Charge-

Sources

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Tags

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hotels

Hotels and Motels

Minority

Public

Scheme

Friendly

Single Bidder

United Kingdom

Completed

Synopsis

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Action Group acquired Action Hotels for £303m. Action Hotels plc owns, develops, and operates three and four star economy and midscale hotels in the Middle East and Australia. The offer price represents a premium of 50% to the closing price of 16 pence per Action Hotels Share on 28 June 2018.

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