PropertyEU

NH Hotels to finalise Jolly Hotels takeover

By A staff reporter 2007-02-26T00:00:00

NH Hoteles said its Grande Jolly unit is offering EUR 25 per share for the remaining 25.53% of Jolly Hotels that the holding company does not already own. NH said the stake, currently in the hands of minority shareholders, is valued at EUR 127.6 mln.

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