Announced
Financials
Sources
Tags
Hotels and Motels
Friendly
hotels
Majority
Private
Acquisition
Domestic
Spain
Single Bidder
Pending
Synopsis
Bankinter, a commercial bank, agreed to acquire eight hotels from Meliá, a Spanish hotel chain, for €205m. Both Meliá and Bankinter will contribute €20m to the creation of this new limited company, with which both will have a 10% stake, which will be managed by GMA , in turn shareholder, as reported by Efe from sources close to the operation .
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