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DALATA MAKES SHARE OFFER - Printable Version

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DALATA MAKES SHARE OFFER - TEAM HARLFORUM - 09-11-2015

Ireland’s largest hotel company, Dublin-based Dalata Hotel Group with 41 hotels and more than 7,000 rooms, has announced its intention to undertake a share offering at €3.75 per share to raise gross proceeds of approximately €160 million (US$179 million). The offering will be principally used to finance further hotel acquisitions, development capital expenditure on existing assets as well as new build opportunities. -