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Hotels, Motels & Cruise Lines

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Wartsila wins engine order from Viking Line

Monday, 20 Nov 2017

Nov 20 (Reuters) - Wartsila Oyj Abp :Wartsila will deliver the engines, the navigation system, and a broad scope of other products for new Viking Line ferry.

Barcelo proposes merger with NH Hotels with valuation at 7.08 euros/shr

Monday, 20 Nov 2017

Nov 20 (Reuters) - GRUPO BARCELO::BARCELO SENDS TO CNMV PROPOSAL SENT TO NH HOTELS <<>> FOR MERGER, SAYS SANTANDER TO ADVISE IN OPERATION‍​.BARCELO TRANSACTION PROPOSAL INCLUDES VALUATION OF NH HOTELS <<>> AT 7.08 EUROS/SHR‍​.BARCELO SAYS INTENDS TO KEEP NH HOTELS <<>> ON STOCK EXCHANGE, SEES POSSIBILITY FOR HEAD OFFICE TO BE LOCATED IN MADRID.BARCELO SAYS IS WILLING TO CONSIDER ALTERNATIVES REGARDING THE OPERATION WITH NH HOTELS <<>> IN ORDER TO FACILITATE IT.BARCELO SAYS NH <<>> PROPOSAL IS NOT BINDING AND IS SUBJECT TO DUE DILLIGENCE AND CNMV'S EXEMPTION FROM LAUNCHING TAKEOVER‍​.

Spain's Barcelo says NH Hoteles merger proposal "very preliminary"

Monday, 20 Nov 2017

Nov 20 (Reuters) - Spain's Barcelo Group::Confirms it has approached NH Hoteles <<>> on a potential merger.Says proposal is "very preliminary".

NH Hotel Group confirms merger proposal from Grupo Barcelo

Monday, 20 Nov 2017

Nov 20 (Reuters) - NH HOTELS GROUP SA ::SAYS CONFIRMS IT RECEIVED INTEREST FROM GRUPO BARCELO FOR THE MERGER‍​.SAYS GRUPO BARCELO TO CONTROL 60 PERCENT OF COMBINED GROUP ACCORDING TO PROPOSAL‍​.SAYS ITS STRATEGIC PLAN WITH INDEPENDENT GROWTH PROJECT REMAINS VALID.

Lampsa says Eurobank accepted the pre-emption right for purchase of King George

Monday, 20 Nov 2017

Nov 20 (Reuters) - LAMPSA HOTELS ::SAYS EUROBANK ACCEPTED THE PRE-EMPTION RIGHT FOR PURCHASE OF THE PROPERTY KING GEORGE WORTH EUR 43.0 MLN‍​.

Sonae Capital unit to buy About SGPS SA for 8.6 mln euros‍​

Friday, 17 Nov 2017

Nov 17 (Reuters) - SONAE CAPITAL SGPS SA ::SAYS UNIT TO BUY 100 PERCENT OF ABOUT SGPS SA FOR 8.6 MILLION EUROS.

Bluegreen Vacations shares debut about 10.4 pct below IPO price

Friday, 17 Nov 2017

Nov 17 (Reuters) - :Bluegreen Vacations shares open at $12.55 in debut on the NYSE versus IPO price of $14.00 per share.

Viking Line Q3 operating profit down at EUR 21.3 mln

Friday, 17 Nov 2017

Nov 17 (Reuters) - VIKING LINE ABP ::Q3 SALES EUR ‍160.4​ MILLION VERSUS EUR 159.3 MILLION YEAR AGO.Q3 OPERATING PROFIT EUR ‍21.3​ MILLION VERSUS PROFIT EUR 25.3 MILLION YEAR AGO.‍ASSESSMENT IS THAT OPERATING INCOME FOR 2017 WILL DECLINE COMPARED TO OPERATING INCOME FOR 2016​.‍PRESSURE ON PRICES AND VOLUMES WILL HAVE AN ADVERSE EFFECT ON NET SALES REVENUE PER PASSENGER​.‍BUNKER PRICES ARE STILL EXPECTED TO BE HIGHER THAN IN 2016​.

Sonae Capital Q3 net profit up 27.4 pct YoY

Friday, 17 Nov 2017

Nov 17 (Reuters) - SONAE CAPITAL SGPS SA ::REPORTED ON THURSDAY Q3 NET PROFIT OF 4.0 MILLION EUROS VERSUS 3.1 MILLION EUROS YEAR AGO.Q3 EBITDA 12.2 MILLION EUROS VERSUS 8.1 MILLION EUROS YEAR AGO.Q3 TURNOVER 59.6 MILLION EUROS VERSUS 51.7 MILLION EUROS YEAR AGO.

BBX Capital says Bluegreen Vacations priced its IPO of 6.5 mln shares at $14/share

Friday, 17 Nov 2017

Nov 16 (Reuters) - BBX Capital Corp -:BLUEGREEN VACATIONS CORPORATION AND BBX CAPITAL CORPORATION ANNOUNCE PRICING OF BLUEGREEN VACATIONS' INITIAL PUBLIC OFFERING.‍BLUEGREEN VACATIONS PRICED ITS INITIAL PUBLIC OFFERING OF 6.5 MILLION SHARES OF ITS COMMON STOCK AT $14.00 PER SHARE​.

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