Sol Melia consortium buys Altavista Hotelera for EUR 103m

By A staff reporter 2008-06-16T00:00:00

A consortium of Spanish hotel chain Sol Melia, bank Grupo Caja Mediterraneo-CAM and two other investors has acquired hotel company Altavista Hotelera for EUR 103mln. Under the agreement, Sol Melia and Grupo Caja Mediterraneo are buying a 40% stake each, while investors Invernostra and Grupo de Negocios Duero will hold ...

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