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Accor SA (ACCP.PA)

ACCP.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

AccorHotels cautiously optimistic on France - CFO
Wednesday, 22 Feb 2017 02:16am EST 

Accorhotels Chief Executive Sebastien Bazin and Chief Financial Officer Jean-Jacques Morin tell a conference call: CEO says AccorHotels reaping fruits of FRHI acquisition faster than expected, Synerges to be achieved in 2017, one year ahead of schedule . AccorHotels CFO says "cautiously" optimistic on France, january was very positive, recovery will be progressive .AccorHotels CEO says relations with China's Jin Jiang are "good" but nothing new..  Full Article

France's former president Nicolas Sarkozy to joins board of AccorHotels
Tuesday, 21 Feb 2017 12:09pm EST 

Accor says : France's former president Nicolas Sarkozy to join board of directors in replacement of Nadra Moussalem until 2018 shareholders assembly . says Sarkozy joins board as independent member Further company coverage: [ACCP.PA] (Paris Newsroom).  Full Article

Colony's ColDay sells AccorHotels stake - AMF
Tuesday, 7 Feb 2017 11:56am EST 

Accor Sa : ColDay informs AMF market regulator it has crossed 5 percent stake threshold and no longer holds AccorHotels shares . ColDay says stake disposal took form of transfer to financial counterparty .Eurazeo's Legendre Holding says still holds 4.28 pct AccorHotels stake commanding 7.97 pct of voting rights.  Full Article

AccorHotels to acquire Travel Keys
Monday, 6 Feb 2017 03:24am EST 

Accor SA : Announced on Sunday it has begun exclusive negotiations for the acquisition of 100 pct of Travel Keys . The combination of Travel Keys with onefinestay and Squarebreak will provide AccorHotels with an offering of about 8,500 addresses in the luxury private rental market .The transaction is expected to close in Q2 2017 after customary due diligence.  Full Article

Accorhotels launches bond offering 600 mln euros, 7 year maturity, annual coupon of 1.25 pct
Wednesday, 18 Jan 2017 12:30pm EST 

Accorhotels : Successful launch of a bond offering 600 million euros ($640.74 million), 7 year maturity, annual coupon of 1.25% . The offering was widely over-subscribed .The transaction was completed within a short time, and at a very favorable conditions; based on these elements, the bond was finally raised to 600 million euros.  Full Article

Accorhotels strikes hotel restructuring deal with Abu Dhabi
Wednesday, 21 Dec 2016 11:46am EST 

Accorhotels : Announces deal with Abu Dhabi Investment Authority to restructure portfolio of 31 hotels . To acquire 15 Ibis and Ibis Budget hotels for A$200 mln (137 million euros), new management contracts or extensions on remaining 16 . Says acquisition will contribute to 2017 group EBIT Further company coverage: [ACCP.PA] (Reporting by Laurence Frost) ((laurence.frost@thomsonreuters.com;)).  Full Article

​Banyan Tree and AccorHotels announce strategic partnership
Thursday, 8 Dec 2016 03:58am EST 

Accor SA : Reported on Wednesday Banyan Tree Holdings announced that it has entered into a heads of agreement with AccorHotels . Under a long-term partnership, both parties intend to collaborate to develop and manage Banyan Tree branded hotels around the world . Will invest an initial sum of SGD 24 million, approximately 16 million euros ($17.24 million) . This investment will be made through a mandatory convertible debenture that at conversion will give AccorHotels an approximately 5 pct stake in Banyan Tree .AccorHotels has an option to purchase an additional approximately 5 pct stake.  Full Article

Accor says assets of separate hotelinvest worth Eur 6.5 bln
Wednesday, 5 Oct 2016 03:04am EDT 

Accor Sa :Says assets of the separate subsidiary hotelinvest estimated to be worth 6.5 billion euros.  Full Article

AccorHotels sees Brexit impact on H2 profit
Wednesday, 27 Jul 2016 12:36pm EDT 

AccorHotels Chief Financial Officer Jean-Jacques Morin tells a conference call: Expects British pound decline tied to Brexit to cost group 10-15 million euros in H2 profits - CFO .Brexit could however lead to stronger than expected activity in Britain for AccorHotels - CFO.  Full Article

Accorhotels to acquire John Paul
Wednesday, 27 Jul 2016 01:45am EDT 

Accor SA : AccorHotels to acquire John Paul, world leader in the concierge market; . Co's enterprise value should be close to 150 million dollars . Should acquire about 80 pct of John Paul, the remaining stake being kept by David Amsellem, the founder of the company, who will remain CEO Further company coverage: [ACCP.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

BRIEF-Freeport-McMoRan announces framework for agreement with Indonesian government regarding long-term operating rights for PT Freeport Indonesia

* Freeport-McMoRan announces framework for agreement with indonesian government regarding long-term operating rights for PT Freeport Indonesia