AccorHotels announces long-awaited property spin-off
26 Feb AccorHotels announces long-awaited property spin-off
Posted at 17:31h
in
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by KMFSLLP
PARIS, Feb 27 (Reuters) – French hotel group AccorHotels
said on Tuesday it had agreed to sell 55 percent of
its AccorInvest property business to a group of sovereign and
institutional investors for 4.4 billion euros ($5.3 billion).
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