NH Hoteles of Spain gets purchase offer from U.S. firm

11/21/2012 | HotelNewsNow.com

NH Hoteles has announced that KKR, a U.S.-based private equity firm, has made a preliminary offer to acquire nearly 16% of shares in the Spanish hotel firm. KKR could gain a stake in NH Hoteles through a capital increase or by acquiring a 15.7% stake held by lending firm BFA-Bankia, reports say. The shares are valued at $137 million.

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