January 10, 2018 / 5:24 PM / 5 months ago

BRIEF-NH Hotels Declines Barcelo Offer

Jan 10 (Reuters) - NH HOTEL GROUP SA:

* BOARD SAYS DECLINES UNANIMOUSLY BARCELO OFFER

* BOARD SAYS BARCELO OFFER REFUSAL DOES NOT IMPEDE ANALYZING OTHER STRATEGIC POSSIBILITIES IN FUTURE

* BOARD SAYS BARCELO OFFER DOES NOT REFLECT VALUE OF NH OR CREATE VALUE APART FROM ITS INDEPENDENT PROJECT

* BOARD SEES NEGATIVELY THE FACT THAT BARCELO BID FAILED TO OFFER CASH ALTERNATIVE OR SIMILAR LIQUIDITY EVENT FOR NH’S SHAREHOLDERS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below