Radar > 226250

Minor Hotel Group keen on Gloria Palace Hotel and plans growth in Latin America and Europe

Minor Hotel Group se interesa por el Gloria Palace Hotel y pretende crecer en América del Sur y Europa

Minor Hotel Group está interessado no Glória Palace Hotel e pretende crescer na América do Sul e Europa

Intel ID : 226250
Synopsis

Thailand-based Minor Hotel Group is interested in acquiring Gloria Palace Hotel, held by Switzerland-based Acron since 2014 (see related transaction), as reported by Valor Econômico on 17 June 2015, citing company's president Dillip Rajakarier.

The company plans to use Tivoli brand (see related transaction) to expand in Latin America and Europe.
(content in spanish)

La empresa tailandesa Minor Hotel Group estaría interesada en adquirir el Gloria Palace Hotel, que pertenece a la suiza Acron desde el año 2014 (ver transacción relacionada), según ha publicado Valor Econômico el 17 de junio de 2015 basándose en las declaraciones del presidente de Minor Hotel Group, Dillip Rajakarier.

La tailandesa pretende usar la marca Tivoli (ver transacción relacionada) para crecer en América del Sur y Europa.
(content in portuguese)

A tailandesa Minor Hotel Group estaria interessada em adquirir o Gloria Palace Hotel que pertence à suíça Acron desde 2014 (ver transação relacionada), publicou o Valor Econômico em 17 de junho de 2015, citando ao Presidente da Minor Hotel Group, Dillip Rajakarier.

A tailandesa pretende usar a marca Tivoli (ver transação relacionada) para crescer na América do Sul e Europa.

Bidder

Seller

Acron
Switzerland

Intel ID 226250
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Gloria Palace Hotel
(31 Dec 2015)

Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (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

Seller

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

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.