Huazhu to buy Deutsche Hospitality for $781 millionChristian Fernsby ▼ | November 4, 2019
Chinese hotel operator Huazhu Group Ltd said it had agreed to acquire Frankfurt-based hotel company Deutsche Hospitality for 700 million euros ($781.06 million) in cash.
Asia Deutsche Hospitality
Topics: Huazhu Deutsche Hospitality The acquisition is subject to regulatory approvals and certain other closing conditions, and is expected to close on or around early next year. ■