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Last Trade - 10/03/17

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Playa Hotels to be bought by blank-check company Pace Holdings

Tue 13th December, 2016 12:37pm
Dec 13 (Reuters) - Resort owner Playa Hotels & Resorts BV 
said it would be bought by Pace Holdings Corp  PACEU.O , a 
blank-check company backed by private equity firm TPG, forming a 
publicly listed company with an enterprise value of about $1.75 
billion. 
    Playa owns and operates 13 resorts in Mexico, the Dominican 
Republic and Jamaica.  urn:newsml:reuters.com:*:nBw47Sstba 
 
 (Reporting by Ankit Ajmera in Bengaluru; Editing by Anil 
D'Silva) 
 ((ankit.ajmera@thomsonreuters.com; within U.S. +1 646 223 8780, 
outside U.S. +91 80 6749 3067; Reuters Messaging: 
ankit.ajmera.thomsonreuters.com@reuters.net)) 
 
Keywords: PLAYA HOTELS & RESORTS M&A/PACE HOLDINGS
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