MHG launches an opt-out opa on Minor, the former NH Hotels, and offers 6.37 euros per share
7 Articles
7 Articles
Minor International has launched an opa on Minor Hoteld Europe & Americas (MHEA), the former NH Hotels, for the exclusion of the subsidiary in Spain from trading in Spanish exchanges.The transaction has a price of 6,37 euros per share and has been carried out through the company MHG Continental Holdings.A communiqué forwarded this Friday by the Thai group to the National Securities Market Commission (CNMV) explains that Minor will pay 6,37 euros…
MHG Continental Holdings, the company through which the Thai group Minor International controls Minor Hotels Europe & Americas (MHEA), the previous NH Hotel Group, has launched an opa at 6,37 euros per share to exclude its subsidiary in Spain from trading the Spanish stock exchanges of Madrid, Barcelona, Bilbao and Valencia. The group justifies the decision in the "scarce volume of contracting and liquidity that presents the negotiation of the s…


MHG Continental Holdings, owner of the former NH Hotels International (now Minor Hotels Europe & Americas) has launched a public takeover bid (OPA) on its shares with a price of €6.37 per title. Thus, as it has notified the National Securities Market Commission (CNMV), the company, fully participated by Minor International Public Company Limited (MINT), will direct the OPA to all shares of the company, except those that would have voted in favou…
Minor has launched an opt-out opa for 4.235% of NH's capital that it does not control, at a price of 6.37 euros per share that will result in a payout of approximately...
"The offer would be formulated with the aim of promoting the exclusion of the trading of the shares of the company of the Spanish Stock Exchanges and, consequently, of its contracting through SIBE", the company has explained. Likewise, it has explained that the effectiveness of the offer is not sujera under any conditions.
The offer represents a 37% premium on the price of Minor's share at the close of sale. More information: NH Hotel Group will vote on the board to change its corporate name to 'Minor Hotels Europe & Americas'
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium