Report
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NH HOTELES: MINT TO BUY ADDITIONAL SHARES ON THE MARKET AT A PRICE NO HIGHER THAN € 4.50/SH. (ANÁLISIS BANCO SABADELL)
Minor International (MINT), largest shareholder in NHH with 94% of share capital, has announced it intends to acquire additional shares in NHH over a 30-day period at a price no higher than € 4.50/sh., a +24% premium over the current share price. After the purchase period has ended, MINT has no intention of acquiring more shares on the market.
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
Sabadell
Rafael Bonardell
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