Jin Jiang International Holdings Co, Ltd, including SINO-CEE Fund, announced that the consortium has entered into agreements with Radisson Hospitality Inc. and HNA Sweden Hospitality Management AB, a subsidiary of HNA Tourism Group Co, Ltd, to acquire shares in Radisson Hospitality AB. The purchase price under these agreements is SEK 35.00 (€3.42) per share.
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...
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