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Rezidor Hotel Group: Sale of Carlson Hotels Inc to HNA Tourism Group
Yesterday, Carlson has announced the sale of Carlson Hotels Inc to the Chinese Group HNA. This transaction includes the Carlson stake in Rezidor Hotel Group AB, representing 51.3% of shares outstanding. The transaction is subject to receipt of applicable regulatory approvals.
Rezidor Hotel Group AB (Rezidor) notes that Carlson has agreed to divest its hotel operations. Rezidor has no further information regarding the transaction or HNA's intentions with its holding in Rezidor following completion of the transaction or a possible offer to Rezidor's other shareholders. Rezidor assumes that this will be clarified in the near future and welcomes HNA as the new majority shareholder.
Rezidor has appointed SEB Corporate Finance as financial advisor and Gernandt & Danielsson Advokatbyrå as legal advisor to assist the company in connection with the current situation.
For further requests please contact:
Knut Kleiven, Deputy President & CFO, knut.kleiven@rezidor.com
Copyright GlobeNewswire
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http://hugin.info/142138/R/2007695/742331.pdf
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Source: %s via Globenewswire