• Accor ups offer

AccorHotels has increased its takeover bid for Polish affiliate Orbis. The PLN95 per share final offer is a 9.2% increase on its initial November bid.

Accor already holds over 50% of Orbis shares, and has been its largest shareholder since 2000. Orbis operates 128 hotels with 21,000 rooms in 16 countries across eastern Europe.

Read the full story here:


Share →