Announced
Completed
ADIA completed the acquisition of seven hotels from Avenue Capital and Melia Hotels for €250m.
Financials
Transaction Value£215m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Spain
hotels
Hotels and Motels
Acquisition
Majority
Cross Border
Private
Private Equity
Real Estate
Completed
Friendly
Single Bidder
Synopsis
ADIA, a sovereign wealth fund, completed the acquisition of seven hotels from Avenue Capital, a multinational investment firm, and Melia Hotels, a hotel chain, for €250m.
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