Reuters logo
4 months ago
CORRECTED-BRIEF-Orbis unit signs LoI concerning sale of hotel for 76 mln euros
April 12, 2017 / 8:04 AM / 4 months ago

CORRECTED-BRIEF-Orbis unit signs LoI concerning sale of hotel for 76 mln euros

(Corrects location of Accor-Pannonia Hotels to Hungary from Bulgaria.)

April 12 (Reuters) - Orbis SA:

* Its unit, Hungary-based Accor-Pannonia Hotels Zrt., signs a letter of intent (LoI) concerning sale of "Sofitel Budapest Chain Bridge" hotel for 76 million euros ($80.69 million) to an external investor

* Under the terms of letter of intent the buyer to conduct due diligence of the hotel Source text for Eikon: Further company coverage: ($1 = 0.9419 euros) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below