Announced
Financials
Sources
Tags
Minority
Domestic
Acquisition
Private
manpower services
food services
Single Bidder
Pending
Friendly
United Arab Emirates
Consumer Services: Other
Synopsis
Abu Dhabi National Hotels, a broad-based hotel, tourism, transport and catering group, part of which is owned by the Abu Dhabi government, agreed to acquire a minority stake in the Abu Dhabi National Hotels and Compass Group joint venture, a provider of food and manpower services to corporates and organisations, from Compass Group, the multinational catering, hospitality and supports services business. Financial terms were not disclosed.
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