April 5, 2018 / 6:07 AM / 6 months ago

BRIEF-AccorHotels buys 50 pct stake in South African conglomerate Mantis Group

April 5 (Reuters) - Accor SA:

* AccorHotels acquires 50% stake in Mantis Group, the South Africa-based hospitality and travel conglomerate

* Mantis Group runs a collection of award winning, privately owned, managed and branded five star properties and lodges located around the world, across all seven continents.

* Accor/Mantis strategic partnership is accompanied by the launch of Community Conservation Fund Africa (CCFA), a non-profit organization (NGO) which aims to amplify both Groups’ commitment towards preventing the accelerating decline of Africa’s wildlife and bringing together three internationally renowned conservation organizations - Wilderness Foundation, Tusk Trust and African Parks - add the companies

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