AccorHotels to acquire Mantra Group in Australia

Added: 12.10.2017 3:44 | 7 views | 0 comments

AccorHotels has signed an agreement with Mantra Group with the view to acquire all of the issued capital in the company by way of a scheme to be approved by Mantra shareholders. Under the terms of the agreement AccorHotels would offer AUD3.96 in cash for each Mantra share including any potential special dividend.

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