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Accor SA (ACCP.PA)

ACCP.PA on Paris Stock Exchange

38.69EUR
23 Jan 2019
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Latest Key Developments (Source: Significant Developments)

AccorHotels announces refinancing operations
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Accor SA ::* New Euro-denominated undated non-call 5.25 year deeply subordinated fixed to reset rate bonds for an expected amount of EUR 500,000,000 with a first call date at the option of the Company in April 2024.* New Euro-denominated senior 6-7 year bonds for a benchmark size with maturity in February 2025-26.* A tender offer by the Company on its EUR 900,000,000 Undated 6 Year Non-Call Deeply Subordinated Fixed to Reset Rate Bonds issued on 30 June 2014.* A tender offer by Crédit Agricole Corporate and Investment Bank on the Company's EUR 900,000,000 2.625% Bonds due 5 February 2021.  Full Article

AccorHotels Raises Price Under Tender Offer For Orbis Shares To Final Pln 95.0/Shr
Thursday, 10 Jan 2019 

Jan 11 (Reuters) - AccorHotels :ANNOUNCED ON THURSDAY A FINAL INCREASE OF THE OFFERED PRICE IN ITS TENDER OFFER FOR ORBIS <<>> SHARES TO 95.0 ZLOTYS FROM 87.0 ZLOTYS PER SHARE, AN INCREASE OF 9.2%.OTHER TERMS AND CONDITIONS OF THE OFFER REMAIN UNCHANGED.  Full Article

Price In Tender Offer For Orbis' Shares Reflects Fair Value - Management
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - ORBIS SA ::PRICE IN TENDER OFFER FOR CO'S SHARES REFLECTS FAIR VALUE - MANAGEMENT.ACCOR <<>> ANNOUNCED TENDER OFFER FOR 21.8 MILLION ORBIS SA SHARES PRICED AT 87 ZLOTYS/SHARE IN NOV. nFWN1Y10IO.  Full Article

Jin Jiang owns 17.93 pct Accorhotels voting rights -AMF
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - AccorHotels : French stock market regulator AMF says in a statement :Rubyrock Capital, controlled by Chinese hotel giant Jin Jiang, now owns 11.65 pct of the capital and 17.93 percent of the voting rights of AccorHotels - AMF .The crossing of the 15 pct voting rights threshold results from the attribution of double voting rights - AMF.Rubyrock may buy more AccorHotels shares, depending on market conditions, has no plan to seek control of AccorHotels - AMF .  Full Article

AccorHotels buys catering software platform Adoria
Wednesday, 6 Jun 2018 

June 6 (Reuters) - Accor SA ::* Buys Adoria, the SaaS platform that enables the catering industry to optimize supply management.* Financial terms of acquisition not disclosed.* Founded in France in 2003, Adoria is used by 2,700 organizations (30 catering groups) and brings together 300,000 active users and more than 800 manufacturers and distributors.* Adoria offers centralized solutions for managing tendering, procurement, logistics and production.  Full Article

Mantra Group Says Federal Court Approves AAPC Ltd's Scheme To Buy Co
Wednesday, 23 May 2018 

May 23 (Reuters) - Mantra Group Ltd ::FEDERAL COURT APPROVES MANTRA SCHEME AND BECOMES EFFECTIVE.FEDERAL COURT OF AUSTRALIA MADE ORDERS APPROVING SCHEME OF ARRANGEMENT UNDER WHICH ALL MANTRA SHARES WILL BE ACQUIRED BY AAPC LIMITED.  Full Article

Mantra Group's Shareholders Vote In Favour Of Acquisition By AAPC Ltd
Friday, 18 May 2018 

May 18 (Reuters) - MANTRA GROUP LTD ::SHAREHOLDERS VOTED IN FAVOUR OF SCHEME OF ARRANGEMENT UNDER WHICH ALL MANTRA SHARES WILL BE ACQUIRED BY AAPC LIMITED.WILL SEEK ORDERS FROM FEDERAL COURT OF AUSTRALIA FOR APPROVAL OF SCHEME AT SECOND COURT HEARING, SCHEDULED FOR 23 MAY 2018.IF COURT APPROVES SCHEME, MANTRA SHARES WILL BE SUSPENDED FROM TRADING WITH EFFECT FROM CLOSE OF TRADING ON ASX ON WED, 23 MAY 2018.  Full Article

AccorHotels buys 50 pct stake in South African conglomerate Mantis Group
Thursday, 5 Apr 2018 

April 5 (Reuters) - Accor SA ::* AccorHotels acquires 50% stake in Mantis Group, the South Africa-based hospitality and travel conglomerate.* Mantis Group runs a collection of award winning, privately owned, managed and branded five star properties and lodges.* Accor/Mantis strategic partnership is accompanied by the launch of Community Conservation Fund Africa (CCFA), a non-profit organization (NGO) which aims to amplify both Groups’ commitment towards preventing the accelerating decline of Africa’s wildlife and bringing together three internationally renowned conservation organizations - Wilderness Foundation, Tusk Trust and African Parks - add the companies.  Full Article

AccorHotels still eyes deal on property business by year-end-CFO
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Accorhotels finance head tells a call with journalists::Talks with investors continuing over sale of stake in property unit, still eyes deal by year-end.  Full Article

AccorHotels signs agreement to buy Mantra Group Limited
Thursday, 12 Oct 2017 

Oct 11 (Reuters) - AccorHotels :‍Under terms of agreement AccorHotels would offer AUD3.96 in cash for each Mantra share including any potential special dividend.AccorHotels signs an agreement to acquire Mantra Group Limited.‍Acquisition will be accretive to earnings per share in first year of ownership pre-synergies​.‍AccorHotels will pay AUD1.3 billion.‍AccorHotels confirms it is in discussion with potential investors in relation to sale of part of share capital of AccorInvest​.‍Group aims at signing an agreement before year-end 2017​.‍AccorHotels confirms it is in discussion with potential investors in relation to sale of part of share capital of AccorInvest​.  Full Article

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Breakingviews - Busy activists navigate tricky currents

DAVOS, Switzerland (Reuters Breakingviews) - Activist investors are bigger and busier, but face tricky currents in 2019. That was the upshot of the debates about cage-rattling shareholders at Breakingviews Predictions events this month. Investors are taking on larger and more high-profile targets – witness recent campaigns against the likes of Pernod Ricard, Barclays, and United Technologies. But big shareholders are becoming more demanding, and private equity may muscle in.