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Lemon Tree Hotels Announces Strategic Reorganization and Investment from Warburg Pincus in Fleur Hotels to Unlock Long-Term Shareholder Value
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3 Articles
3 Articles
Warburg Pincus Invests in Lemon Tree’s Asset Arm as Hotel Group Splits in Two
Skift Take: Lemon Tree on Thursday denied Warburg buying into Lemon Tree, which was technically true. Two days later, it confirmed Warburg is indeed stepping into the group, just through a different door. Read the Complete Story On Skift
·New York, United States
Read Full ArticleLemon Tree Hotels Announces Strategic Reorganization and Investment from Warburg Pincus in Fleur Hotels to Unlock Long-Term Shareholder Value
Lemon Tree Hotels Limited (“Lemon Tree”) and Fleur Hotels Limited (“Fleur”) today announced that their respective Boards of Directors have approved a Composite Scheme of Arrangement (the “Scheme”) designed to simplify the group structure, enhance strategic focus, and unlock long-term value for shareholders. The Scheme is subject to customary regulatory and shareholder approvals.
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