Savoy Owner Agrees $5.5bn Buyout of the Raffles Group ; in Brief
Evening Standard - London › January 30, 2006
Linked as:
Summary
THE OWNER of the Savoy today agreed to buy the outside management group of the hotel, right, in a $5.5 billion (Pounds 3.1 billion) deal. Saudi
Prince Alwaleed bin Talal - the world's fifth richest man - made the bid through his Kingdom Hotels in co-operation with Colony Capital.See the full content of this document
Extract
Savoy Owner Agrees $5.5bn Buyout of the Raffles Group ; in Brief
Fairmont, which manages 87 luxury hotels around the globe, rejected a $40-ashare bid from billionaire Carl Icahn, but recommended tod...
See the full content of this document
Sponsored links
