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CORRECTED-BRIEF-Orbis unit signs LoI concerning sale of hotel for 76 mln euros

(Corrects location of Accor-Pannonia Hotels to Hungary from Bulgaria.)

April 12 (Reuters) - Orbis SA:

* Its unit, Hungary-based Accor-Pannonia Hotels Zrt., signs a letter of intent (LoI) concerning sale of “Sofitel Budapest Chain Bridge” hotel for 76 million euros ($80.69 million) to an external investor

* Under the terms of letter of intent the buyer to conduct due diligence of the hotel Source text for Eikon: Further company coverage: ($1 = 0.9419 euros) (Gdynia Newsroom)

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