Rezidor Hotel Group AB (REZT.ST)
13 Dec 2017
Grupo Barcelo has made a tentative takeover approach for rival NH Hotel Group to create the biggest hotel operator in Spain, where tourism is booming.
* Approval of Chinese shareholder HNA seen as key (Updates with share price reaction)
* HNA settles its mandatory tender offer to the shareholders of Rezidor Source text for Eikon: Further company coverage:
* China has cracked down on capital outflows for overseas deals (Adds details of deals, hurdles facing HNA)
HONG KONG, Aug 1 At least two of HNA Group's overseas deals have hit hurdles as the conglomerate struggles to take money out of China, amid a crackdown by Beijing on capital outflows to fund acquisitions it sees as risky, four people familiar with the process said.
* Q2 EBITDA amounted to MEUR 28.4 (36.4) and ebitda margin decreased to 11.2% (14.0)