This is extremely encouraging. Swift/VOD already provides services to Accor Group and few of the Mantra Hotels. Once the take over is complete,we will be able to offer DES service to the entire merged entity.
- 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
SW1 End to end overview, page-110
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