Announced
Completed
Taiba Investments Company completed the acquisition of Dur Hospitality for $787m.
Financials
Transaction Value£646m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Saudi Arabia
Public
Private Equity
hospitality company
Hotels and Motels
Friendly
Domestic
Acquisition
hotel operator
Single Bidder
Completed
Majority
Synopsis
Taiba Investments Company, an investment company, completed the acquisition of Dur Hospitality, a Saudi hospitality company, for $787m.
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