July 15 (Reuters) - Pandox AB PANDXb.ST:
ANNOUNCES FIRM INTENTION TO MAKE A RECOMMENDED CASH OFFER FOR DALATA HOTEL GROUP PLC
DALATA VALUED AT MEUR 1,400, MSEK 15,700
DEAL FULLY FINANCED FROM EXISTING CASH RESOURCES, FACILITY PROVIDED BY EXISTING LENDER
BUYER IS PANDOX IRELAND TUCK LIMITED, A NEWLY INCORPORATED COMPANY WHICH
UPON DEAL COMPLETION PANDOX IRELAND TUCK LIMITED WILL BE OWNED BY PANDOX (91.5%) AND EIENDOMSSPAR (8.5%)
Source text: ID:nMFN6M39d5
Further company coverage: [PANDXb.ST]
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))