Announced
Completed
Financials
Sources
Tags
hotels
Hotels and Motels
Minority
Public
Scheme
Friendly
Single Bidder
United Kingdom
Completed
Synopsis
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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