Accor completed the acquisition of a 20% stake in Rixos Hospitality for €77m.

Synopsis

Accor, France-based company engaged in operating luxury hotels and providing corporate and tourism services, completed its acquisition of a 20% stake in Rixos Hospitality, Dutch holding vehicle operating Rixos hotels, for €77m ($85m).

Principals

target

Rixos Hospitality

bidder

Accor

Show Details & Financials

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Market Context

dentons

HQ - London, United Kingdom

legal advisors

bidder

930

Deals

£ 222.72 B

Total Value