Brief: Pandox Takes Over Operations Of Two Hotels In Copenhagen

Pandox AB

02/04/2020 07:04

April 2 (Reuters) - Pandox AB  PANDXb.ST :
    * PANDOX AB (PUBL) TAKES OVER OPERATIONS OF TWO HOTELS IN
COPENHAGEN
    * HAS ENTERED INTO AN AGREEMENT TO TAKE OVER OPERATIONS OF
FIRST
HOTEL MAYFAIR AND FIRST HOTEL TWENTYSEVEN IN HOTEL PROPERTIES
ALREADY OWNED BY PANDOX
    * OPERATIONAL TAKEOVERS ARE IN LINE WITH PANDOX'S BUSINESS
MODEL
AND STRATEGY TO PROTECT LONG-TERM VALUE AND DEVELOPMENT
POTENTIAL OF HOTEL PROPERTIES
    * WILL BE MARKETED UNDER THEIR EXISTING AND WELL-ESTABLISHED
HOTEL
NAMES

Source text for Eikon:  ID:nWkr9Dnr82 
Further company coverage:  PANDXb.ST 

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