Announced
Synopsis
A consortium led by China’s Jin Jiang International increased stake in Radisson Hotels, a Swedish hotel chain, to 100%. The transaction values Radisson at SEK7bn. The offer of SEK40 per share, represents a premium of about 10% to the stock’s closing price on Monday. The consortium had already acquired 50.21% stake in the company for SEK35 per share.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.