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Intrawest Resorts says if merger deal terminated for failure to obtain approvals, Hawk Holding will be required to pay co $66.2 mln

Monday, 10 Apr 2017 06:46am EDT

Intrawest Resorts Holdings Inc :IntraWest Resorts - if merger deal terminated for failure to obtain approvals, Hawk Holding will be required to pay co $66.2 million - SEC filing.

Pandox to buy Silken Berlaymont hotel in Brussels

Friday, 7 Apr 2017 02:00am EDT

PANDOX AB : PANDOX AB (PUBL) PLANS TO ACQUIRE SILKEN BERLAYMONT IN BRUSSELS FOR MEUR 32.7 . PURCHASE PRICE AMOUNTS TO MEUR 32.7, CORRESPONDING TO APPROXIMATELY MSEK 315, AND IS FINANCED BY EXISTING CREDIT FACILITIES . TRANSACTION AND TRANSFER OF POSSESSION ARE EXPECTED TO BE COMPLETED AT END OF MAY 2017 . PLANS TO ACQUIRE SILKEN BERLAYMONT IN BRUSSELS, BELGIUM . FOR 2017 HOTEL IS EXPECTED TO CONTRIBUTE EQUIVALENT OF APPROXIMATELY MSEK 70 IN REVENUE AND MSEK 10 IN CASH EARNINGS ON AN ANNUALIZED BASIS .SELLER IS HOTEL BERLAYMONT SA/URVASCO HOTEL SA VIA TRUSTEE WHERE PANDOX HAS RECEIVED NECESSARY COURT APPROVAL TO ENTER INTO AN AGREEMENT TO ACQUIRE HOTEL.

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