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KM Financial Solutions | AccorHotels agrees to buy Movenpick Hotels for $567 mln
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AccorHotels agrees to buy Movenpick Hotels for $567 mln

29 Apr AccorHotels agrees to buy Movenpick Hotels for $567 mln

Posted at 05:15h in News by
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PARIS, April 30 (Reuters) – AccorHotels has agreed to buy
rival Movenpick Hotels & Resorts for 560 million Swiss francs
($567 million), in a deal which Accor said would boost its
earnings and marks the latest example of the French group’s
ambitious takeover strategy.

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