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BRIEF-IFA Hotel & Touristik to buy two hotels on Gran Canaria and Fuerteventura
February 12, 2015 / 6:57 AM / 3 years ago

BRIEF-IFA Hotel & Touristik to buy two hotels on Gran Canaria and Fuerteventura

Feb 12 (Reuters) - IFA Hotel & Touristik AG :

* Said on Wednesday had approved acquisition of the two companies Creativ Hotel Catarina SA and Altamarena SA, owner of the hotel with same name, located on Gran Canaria and Fuerteventura

* Purchase price would be approx. 47.8 million euros ($54 million)

* To propose dividend of about 0.15 euros per share on next AGM

Source text for Eikon:

Further company coverage:

$1 = 0.8840 euros Gdynia Newsroom

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