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Minor buys stake in Spanish hotel group for $226mMinor International has reached an agreement to acquire 30,000,000 shares in NH Hotel Group for €192 million ($226.3 million). The new acquisition, together with existing shareholding, will increase Minor's stake in NH Ho More… |
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AccorHotels buys Mövenpick Hotels for $566mHospitality giant AccorHotels has agreed buy Swiss hotel chain Mövenpick Hotels for CHF560 million ($566.4 million). The transaction is subject to regulatory approvals and is expected to be completed in the second half of 201 More… |
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Qatar Airways to buy 50 Airbus planesQatar Airways, the flat carrier of Qatar, has unveiled plans to buy 50 Airbus 321 planes, a report said. The news was revealed during a state visit by French President Emmanuel Macron, said a report in Money Control More… |
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Ryanair eyes majority stake in AlitaliaRyanair has reiterated its interest in buying the trouble-ridden Italian carrier Alitalia but only if the company is restructured and if the Irish airline gets possession of a major stake, said a report. Speaking to Italian media More… |
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Abraaj may buy Middlesex University's Dubai campusEmerging markets-focused private equity firm Abraaj Group is in discussions to acquire Middlesex University's overseas campus in Dubai, in a deal that could be worth around $55 million to $70 million, sources familiar with the matter said on More… |
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Abraaj may buy Middlesex University's Dubai campusEmerging markets-focused private equity firm Abraaj Group is in discussions to acquire Middlesex University's overseas campus in Dubai, in a deal that could be worth around $55 million to $70 million, sources familiar with the matter said on More… |
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Daetwyler agrees $1bn deal to buy Premier FarnellDaetwyler Holding said on Tuesday it has agreed to buy Premier Farnell in an all-cash offer that valued the British electronic component distributor at just over 1 billion Swiss francs ($1.04 billion). Altdorf, Switzerland-based D More… |
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Bin Faqeeh buys four Durrat Marina plotsDurrat Marina, developer of a mixed-use marina development in the south of Bahrain, has signed a land sale and development agreement with Bin Faqeeh Real Estate Investment Company, to buy four plots adding up to more than 15,000 sq m, sai More… |
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Lufthansa sees Iran Air as possible buyer of old A340sIran Air could be a buyer of some A340 planes that Lufthansa no longer needs, the chief executive of the German airline said on Thursday. Lufthansa has signed a memorandum of understanding with Iran Air that comprises cooperation More… |
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Alibaba to buy Hong Kong’s South China Morning PostChinese e-commerce giant Alibaba Group Holding has agreed to buy the Hong Kong's flagship English-language newspaper, the South China Morning Post, the company and SCMP Group announced on Friday. The agreem More… |
