Finance

IHG acquires $39m stake in Regent Hotels ahead of planned takeover

By 2018-03-14T12:44:00

Inter continental hong kong

InterContinental Hotels Group has announced plans for a full takeover of Regent Hotels and Resorts starting with the acquisition of a 51% stake for $39m (£28m).

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue