Oslo beats Aberdeen’s hotel bid

Oslo Properties, a joint venture comprising Norwegian Property and Scandic Hotels, has beaten Aberdeen Property Investors to take over Norwegian hotel chain Norgani. Oslo Properties offered NKr91 (£8.10) a share, valuing the chain at around NKr3.6bn (£320m) and trumping Aberdeen’s offer of NKr88.5 (£7.88) a share.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now