By David Parsley2019-08-05T11:37:00
Sir Stelios Haji-Ioannou has slammed a takeover bid for the easyHotel business, in which he owns 27%.
The £138.7m bid comes from ICAMAP, easyHotel’s largest shareholder with a 37% stake, and property fund Ivanhoe Cambridge. It offered 95p a share, representing a 34.8% premium to last week’s close of 70.5p.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.