Stakis shares surge on possibility of bid
Article Abstract:
According to people close to the situation, Stakis PLC is engaged in negotiations over its possible acquisition by Ladbroke Group PLC. The potential bid would give Stakis, a hotel group based in Great Britain, a value of approximately 1.1 billion pound sterling ($1.8 billion). Stakis had announced that an anonymous party had expressed interest in acquiring it. However, both companies would not make any comment on the reports.
Comment:
Stakis PLC engaged in negotiations over its possible acquisition by Ladbroke Group
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Bass to purchase hotel in Hong Kong
Article Abstract:
Bass Hotels and Resorts announced that it will acquire New World Development Co.'s Regent Hotel in Hong Kong. The deal is valued at US$346 million (393.5 million euros).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Raffles completes Swissotel purchase
Article Abstract:
Raffles Holdings Ltd. announced that it has completed its acquisition of Swissotel Holding AG. The acquisition is valued at S$427 million.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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