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AccorHotels buys Fairmont parent company

Authors :
Sickel, Julie
Source :
Business Travel News. January 25, 2016, Vol. 33 Issue 1, 32
Publication Year :
2016

Abstract

AccorHotels will buy FRHI Holdings, the parent company to the Fairmont, Raffles and Swissotel brands, for $840 million cash and 46.7 million new Accor shares. '[This deal] offers us robust [...]

Details

Language :
English
ISSN :
87503670
Volume :
33
Issue :
1
Database :
Gale General OneFile
Journal :
Business Travel News
Publication Type :
Periodical
Accession number :
edsgcl.455777443