Deal between Radisson Hospitality AB and Jin Jiang International Holdings Co., Ltd by 18 January 2019

1 min reading time

Published on 11/12/18 - Updated on 17/03/22


The Independent Committee of the Board of Directors of Radisson is evaluating the mandatory public offer from a consortium led by Jin Jiang International Holdings Co., Ltd., including SINO-CEE Fund, through Aplite Holdings AB.

In August 2018, Jin Jiang agreed to purchase 100% of Radisson Holdings and 51.5% of the outstanding shares of Radisson Hospitality AB.

Also read: The Middle Empire climbs to second place in the global ranking

Completion of the acquisition was subject to regulatory approvals and other customary closing conditions. These conditions were met in November.

As a result, Aplite Holdings AB (Purchaser) completed the acquisition of 87,552,187 shares of Radisson AB of Radisson Hospitality Inc. representing 50.21% of the shares of Radisson AB.

On December,11, the joint acquisition vehicle Aplite Holdings AB, announced a mandatory public offer to the shareholders of Radisson to sell all of their shares in Radisson to the Consortium for a consideration of SEK 40 in cash per share (before dividends).
No later than January 18, the Independent Committee will, in accordance with Nasdaq Stockholm’s Takeover Rules, evaluate the Offer and announce its view on the Offer.

Also read : Jin Jiang acquires 50.21% of Radisson AB

Radisson Hotel Group

Radisson Hotel Group

Hotel Group

  • Radisson Hotel Group Brussels
  • Offres d'emplois 19 currents job offers
Jin Jiang International Hotels

Jin Jiang International Hotels

Hotel Group

  • Jin Jiang International Hotels China
For further

Every week, the HON team brings you an expert look at the world of hospitality. By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.


Sign up to add topics in favorite. Sign up to add categories in favorite. Sign up to add content in favorite. Register for free to vote for the application.

Already signed up? Already signed up? Already signed up? Already registered?