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Hotels, Motels & Cruise Lines

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Marriott to receive about $650 mln for 55 pct interest in Avendra

Monday, 16 Oct 2017

Oct 16 (Reuters) - Marriott : :‍owners of Avendra, LLC have reached a binding agreement to sell avendra to aramark for $1,350 million​.Marriott- ‍after redemption of costs, Avendra's founding shareholders, co, Hyatt,Aaccor, Clubcorp, IHG, expect to receive about $1,180 million in cash.‍Marriott expects to receive approximately $650 million for its 55 percent interest in Avendra​.

Hainan Dadonghai Tourism Centre Holdings expects to return profitable in Q1 to Q3 of FY 2017

Friday, 13 Oct 2017

Oct 13 (Reuters) - Hainan Dadonghai Tourism Centre Holdings Co Ltd <000613.SZ>:Sees net profit for Q1 to Q3 of FY 2017 to be 150,000 yuan to 300,000 yuan.Says the net loss of FY 2016 Q1 to Q3 was 1.8 million yuan .Comments that increased main business income and decreased costs as the main reasons for the forecast.

Sonae Capital buys 90 pct of SIAF-Energia from Sonae Arauco

Thursday, 12 Oct 2017

Oct 12 (Reuters) - SONAE CAPITAL SA :THROUGH ITS UNIT CAPWATT BUYS 90 PERCENT OF SOCIEDADE INICIATIVA DE APROVEITAMENTOS FLORESTAIS-ENERGIA (SIAF-ENERGIA) FOR ABOUT 0.9 MILLION EUROS (PLUS CASH AND CASH EQUIVALENTS) FROM SONAE ARAUCO.SIAF-ENERGIA OWNS AND OPERATES BIOMASS FIRED COGENERATION PLANT .

Mandarin oriental international to review long-term strategic options for the excelsior, Hong Kong

Monday, 5 Jun 2017

June 5 (Reuters) - Mandarin Oriental International Ltd :‍Undertaking a review of its long-term strategic options with regard to excelsior, Hong Kong​."No decision has yet been made as to preferred course of action".Co has decided to test market interest in possible sale of property.

Jingrui buys LKN Investment International for RMB 707 mln

Thursday, 1 Jun 2017

June 1 (Reuters) - Jingrui Holdings Ltd <1862.HK>:Acquisition Of 100 pct Equity Interest In Lkn Investment International Pte Ltd .Natural Apex entered into sale and purchase agreement with HLGE.HLGE to sell entire issued share capital in LKNII at an initial purchase price of RMB550 million.Initial consideration payable in respect of proposed acquisition is RMB707 million.

ZH International updates on cancellation of acquisition of land use rights in Henan

Thursday, 16 Feb 2017

ZH International Holdings Ltd <0185.HK> : Cancellation of acquisition of land use rights in Henan, the prc and financial assistance from controlling shareholder . Bureau requested Henan Xinming to submit an application for refund of security deposit of RMB1.47 billion which paid at time of bidding .Cancellation will not have any material adverse impact on business operations, financial position.

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