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Melia Hotels International SA reaches agreement to sell Bear SA de CV


Friday, 20 Dec 2013 11:52am EST 

Melia Hotels International SA:Says on Dec. 19 it reached an agreement to sell Bear SA de CV, the owner of Melia Mexico Reforma hotel, located in Mexico DF.Says the sale price ascends to $60 million.Says the transaction will generate a gain of about 9.8 million euros for the company.