Pandox-led consortium makes €1.4B bid for Dalata, board to recommend offer

6 hours ago 1
wooden blocks with "M and A" letters on financial documents, symbolizing mergers and acquisitions

A consortium led by Pandox AB (OTCPK:PNDXF) and Eiendomsspar AS has submitted a firm €1.4 billion ($1.6 billion) offer for Dalata Hotel Group (OTCPK:DLTTF), which the company's board plans to unanimously recommend.

Dalata, Ireland’s largest hotel operator, had previously rejected an earlier

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