21 September 2007
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.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
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