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Paris hotel giant Accor acquires Swiss Mövenpick Hotels for €482m

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Paris-based AccorHotels said Monday it has signed an agreement with Switzerland's Mövenpick Holding and Saudi Prince Alwaleed bin Talal’s Kingdom Holding to acquire Mövenpick Hotels & Resorts for CHF560m (€482m) in cash. Kingdom Holdings (...)

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Keywords : AccorHotels, Alwaleed Bin Talal, Citigroup, EBITDA, Kingdom Holding, Movenpick, Mövenpick Holding, Mövenpick Hotels & Resorts, Reuters, Sébastien Bazin, Twitter

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