Hotels, Motels & Cruise Lines
Hotel Properties Ltd:Enters into share transfer agreement with General Mills Asia Pte. Ltd, to sell its entire 49 pct interest comprising 245,000 ordinary shares in capital of Pinedale Holdings Pte Ltd, an associated company of Company, and shareholder’s loan made by HPL to Pinedale Holdings to...
FUJITA KANKO INC:To establish a wholly owned subsidiary based in Osaka, Japan on Jan. 30, 2015.New subsidiary to be engaged in wedding and restaurant businesses.New subsidiary to be capitalized at 10 million yen.
Safestay PLC:Raises about 3.315 mln pounds (before expenses) by way of a placing by Westhouse Securities of 6,027,272 new ordinary shares of 1 pence each at a price of 55 pence per new ordinary share with institutional and other investors.New Ordinary Shares will represent about 31.3 pct. of the...
InterContinental Hotels Group PLC:To acquire Kimpton Hotels & Restaurants for $430 mln in cash.Acquisition makes IHG the clear market leader in the boutique segment, the fastest growing segment in the industry.BofA Merrill Lynch acted as financial adviser to IHG.
No related earnings announcements are currently scheduled within the next 7 days.