Following Monday’s report announcing a new agreement between NH Hotel Group (NH) and Apple Leisure Group to expand AMResorts into Europe, NH has bounced back into the news cycle with the revelation that Minor International (MINT) is to invest EUR 192 million (approx USD 225 million) to purchase a further 30,000,000 shares in the Spanish hotel chain, boosting MINT’s interest in NH up to ‘8.6% on a fully diluted basis’.
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Source: traveldailymedia