PropertyEU

NH Hoteles won't increase bid for Jolly chain

By A staff reporter 2007-04-16T00:00:00

NH Hoteles said its Grande Jolly unit will not increase its bid for Jolly Hotels. 'It's the most generous offer made in Italy in the last two years,' NH Hoteles' ceo Gabriele Burgio is quoted as saying in Italian newspaper Il Sole 24 Ore. Burgio was responding to market rumours ...

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