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BRIEF-Finland extends review of Scandic Hotels purchase of Restel's hotel operations
November 22, 2017 / 2:14 PM / 20 days ago

BRIEF-Finland extends review of Scandic Hotels purchase of Restel's hotel operations

Nov 22 (Reuters) - Scandic Hotels Group AB

* The Finnish Market Court has ruled that the Finnish Competition Authority’s period of review for Scandic’s proposed acquisition of Restel’s hotel operations in Finland will be extended from 24 November to 5 December 2017

* Scandic still expects the transaction to close late Q4 2017. Source text for Eikon: Further company coverage: (Reporting By Simon Johnson)

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