PropertyEU

EQT buys Nordic region's largest hotel chain

By A staff reporter 2007-03-05T00:00:00

Stockholm-based EQT has acquired the Nordic region's largest hotel chain Scandic for EUR 833 mln. The deal includes a total of 132 hotel sites in Scandinavia, with 128 under the Scandic brand and three under the Hilton banner. The sale is expected to be finalised in April, pending approval by ...

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