Tag: hotel acquisition

Pandox-Led Consortium Targets Dalata Hotel Group in $1.6 Billion Takeover Bid
16 Jul

A consortium spearheaded by Pandox AB and Eiendomsspar AS aims to acquire Dalata Hotel Group for $1.6 billion. If successful, this move will let Scandic Hotels run 56 additional hotels in Ireland and the UK, with interim management fees, pending regulatory and asset separation hurdles.