Hotels, Motels & Cruise Lines
Lantern Hotel Group Ltd:Says that it has acquired Waterworks Hotel at Botany for A$8.25 mln.Says acquisition has been funded by drawing down on the company's main finance facility.Says that it has also agreed conditional terms to purchase Beaumont Exchange Hotel in Hamilton, Newcastle for A$9.25 mln.
Intrawest Resorts Holdings Inc:Says it has negotiated and enters into definitive agreement to acquire 50 pct interest in Blue Mountain Ski Resort (Blue) that it does not already own from Blue Mountain Resorts Holdings Inc.Says for C$58.0 mln.
Club Mediterranee SA:French private equity firm Ardian, Chinese conglomerate Fosun International, China's U-Tour and Portuguese insurer Fidelidade offer 22 euros per share for Club Mediterrane-Reuters.New offer, which values Club Med at 839 million euros, tops a 21 euro-per-share takeover bid from Global Resorts, controlled by Italian businessman Andrea Bonomi, which had valued Club Med at 790 million.Bonomi's bid closes on Sept. 19.The rival bidders expect their new offer to open by mid-October and to close before the end of November.
Cox & Kings Ltd:Announces the sale of camping division of its subsidiary Holidaybreak Limited to Homair Vacances for a total consideration of 89.2 mln pounds has been completed.
Dalata Hotel Group PLC:Has entered into agreement to acquire the Tower Hotel in Derry, Londonderry for a consideration of 4.375 million Euros.It is expected that the transaction will complete in Oct. 2014.The consideration is payable in cash.
Thomas Cook (India) Ltd:Says pursuant to a purchase of 11,863,334 shares of Sterling Holiday Resorts (India) Ltd (SHRIL) at 98 Indian Rupees per share.TCISIL now holds about 53.48 pct of SHRIL and has now become a subsidiary.TCISIL is a wholly owned subsidiary of Thomas Cook India Ltd (TCIL).
Norwegian Cruise Line Holdings Ltd agrees to acquire Prestige Cruises International Inc for $3.025 bln
Norwegian Cruise Line Holdings Ltd:Entered into definitive agreement to acquire Prestige Cruises International, Inc. in cash and stock for total transaction consideration of $3.025 bln, including the assumption of debt.Says contingent cash consideration of up to $50 million to Prestige shareholders would be payable upon achievement of certain 2015 performance metrics.