Brief: NH Hotels Reports Acquisition From Its Majority Shareholder Of Its Entire Hotel Business In Portugal

Minor Hotels Europe & Americas SA

18/12/2023 17:46

Dec 18 (Reuters) - NH Hotel Group SA  NHH.MC :
    * REPORTS ACQUISITION FROM ITS MAJORITY SHAREHOLDER OF
ENTIRE
HOTEL BUSINESS IN PORTUGAL
    * EXECUTION OF SHARE PURCHASE AGREEMENT WITH MHG CONTINENTAL
HOLDING (SINGAPORE) FOR PURCHASE OF 100% OF SHARE CAPITAL OF
MINOR CONTINENTAL HOLDING (LUXEMBOURG)
    * SEES HOTEL PORTFOLIO TO REPRESENT AN INCREMENTAL
CONTRIBUTION TO
GROUP'S EBITDA OF APPROXIMATELY EUR 11 MILLION IN 2024

Source text for Eikon:  ID:nCNM2zlFrh 
Further company coverage:  NHH.MC 

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