Report
Javier Hombria
EUR 10.56 For Business Accounts Only

NHH: a merger in the works?

According to the press, the Spanish private family-owned lodging group Barceló (228 hotels and 50,000 rooms worldwide) has hired Santander as an advisor to explore a merger with NHH (380 hotels and 58,085 rooms). Barcelo’s management is said to be pursuing the merger of the hotel companies and not an outright takeover bid. The details of the news are sketchy regarding potential valuations.

Underlying
NH Hotel Group SA

NH Hotel is engaged in the operation and management of hotels throughout Spain, the Benelux countries, Germany, and South America.

Provider
Bankinter S.A.
Bankinter S.A.

Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.

Analysts
Javier Hombria

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