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    Covivio and AccorInvest sign MoU to combine their hotel properties

    Picture of Covivio SA logoCovivio SA
    21/06/2024 06:48
    June 21 (Reuters) - Real estate owner Covivio  CVO.PA 
said on Friday it had signed a memorandum of understanding with
its peer AccorInvest  ACCP.PA  looking to combine their hotel
property and operating companies.
    The deal is expected to close in the final quarter of 2024,
Covivio said in a statement. 
    

 (Reporting by Gdansk newsroom; Writing by Olivier Sorgho;
Editing by Sonali Paul)
 ((Olivier.Sorgho@thomsonreuters.com;))

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