We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Marriott International Inc | NASDAQ:MAR | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.285 | 0.12% | 234.145 | 234.14 | 234.29 | 236.96 | 232.63 | 236.35 | 286,279 | 15:54:04 |
From May 2019 to May 2024
By Anthony O. Goriainoff
Marriott International Inc. (MAR) said Friday that it has agreed to buy Barbados-based Elegant Hotels Group PLC (EHG.LN) for about 100.8 million pounds ($129.4 million).
The U.S. hospitality company, which owns the Sheraton Hotels brand, said that under the offer Elegant shareholders will receive 110 pence in cash per share--a 56% premium to Thursday's closing price of 70.5 pence a share. Marriott said the offer implies an enterprise value of about $199.0 million for London-listed Elegant, and that this was based on Elegant's total net debt at March 31 of $68.9 million.
The company said the acquisition will enable it to expand its all-inclusive platform and offer additional leisure destinations.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
October 18, 2019 03:01 ET (07:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Marriott Chart |
1 Month Marriott Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
