PropertyEU

Accor raises its stake in Orbis to 50%

By A staff reporter 2008-09-11T00:00:00

Hotel group Accor said on Wednesday that it has raised its stake in Polish listed hotel developer Orbis to 50.01%. In a statement, the company said that investment is part of its strategy to focus on development in Central Europe. Accor has held a 45% stake in the company since ...

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