AccorHotels has announced that it has signed an agreement with Mövenpick Holding and Kingdom Holding to acquire Mövenpick Hotels & Resorts, for a cash amount of €482 million. The transaction implies a 14.9X 2019e EBITDA multiple before synergies (including transaction […]
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from CPP-LUXURY https://cpp-luxury.com/accorhotels-acquires-movenpick-hotels-for-e482-million/
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