Hilton Rebuffs the Ladbrokes Stalkers ; City Briefing
Evening Standard - London › February 02, 2006
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Summary
HILTON GROUP was today forced to make a public rejection of the venture capitalists circling its Ladbrokes betting arm.
Since Hilton's plans to sell its hotel assets to its American affiliate, Hilton Hotels Corp for Pounds 3.3 billion, it has received a host of approaches from buyout firms prepared to stump up about Pounds 3.7 billion for the purchase of Ladbrokes.See the full content of this document
Extract
Hilton Rebuffs the Ladbrokes Stalkers ; City Briefing
The company had to issue a statement today after a report repeated that venture capitalist CVC had put forward a fully financed takeover offer.
Hilton said t...See the full content of this document
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