Redefine Intl acquires 5 Holiday Inns for EUR 127m

By A staff reporter 2010-07-27T00:00:00

AIM-listed Redefine International (RDF) has announced it has exchanged agreements with The Splendid Hotel Group for the acquisition of a portfolio of five Holiday Inn hotels located in London for a total of £106 mln (EUR 127 mln). Completion of the transaction is conditional on RDF securing satisfactory funding terms ...

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