Radar > 239174

HNA Group may force Hesperia and Oceanwood to launch a PTO over 100% of NH Hotel Group

HNA Group podría obligar a Hesperia y Oceanwood a lanzar una OPA sobre la totalidad de NH Hotel Group

Intel ID : 239174
Synopsis

HNA Group, based in China, requested a CEO for Spain-based NH Hotel Group (BME:NHH) be immediately appointed, or else it will ask the pertinent bodies to force Hesperia and Oceanwood to launch a PTO over 100% of the hotel group, reported El Economista on 29 July 2016, citing a letter sent to the shareholders of NH Hotel Group.

HNA Group, which holds 29.5% of NH Hotel Group, noted Oceanwood and Hesperia are colluding in their own benefit and against the interest of the shareholders of the hotel group.

Since the China-based group abandoned the board of NH Hotel Group at a shareholders' assembly held on 21 June, the Spain-based company has had three co-managing directors as replacements for the position of CEO, formerly held by Federico González Tejera.
(content in spanish)

La compañía china HNA Group ha reclamado que de forma inmediata se nombre un consejero delegado para NH Hotel Group (BME: NHH), o si no solicitará a los organismos competentes que obliguen a Hesperia y Oceanwood a lanzar una OPA sobre el 100% del grupo hotelero, según ha informado el diario El Economista el 29 de julio de 2016, basándose en una carta remitida a los accionistas de la cadena hotelera.

HNA Group, propietario del 29,5% de NH Hotel Group, ha asegurado que Oceanwood y Hesperia están actuando de forma concertada en beneficio de sus propios intereses y en contra de los de los accionistas del grupo hotelero.

Desde que en la Junta de Accionistas del 21 de junio, el grupo chino abandonase el Consejo de Administración de NH Hotel Group, la compañía ha tenido tres codirectores generales como sustitutos del cargo de consejero delegado, que ostentaba Federico González Tejera.

Bidder

United Kingdom

Target


Intel ID 239174
Value ND
Native Currency Euro (EUR)
Financial Data - NH Hotel Group
(31 Dec 2022)
Revenue: EUR 1.760,38m
EBITDA: EUR 529,23m
Net Debt: EUR 2.906,81m
People: 12651
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Primary Sector (TTRSC)
25.04.99 Other Financial Services
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Primary Sector (TTRSC)
15.10.06 Hotels, Resorts & Accommodations
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Services and Distribution / Tourism, Hotels and Restaurants
Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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