The French firm’s stock traded slightly higher in Paris. They have increased 30% in the last 12 months, giving Accor a market value of €12.5bn. This “is a financially attractive potential deal, though we would await clarity from Accor on …
Accorhotels SA says it will make a cash payment of US$840 million and issue 46.7 million new Accor shares under terms of the agreement ... Based on Accorhotels’ closing stock price Wednesday, the overall value of the deal is worth …
Accor S.A. said Thursday it agreed to buy Motel 6 L.P. for $ ... The agreement was disclosed after the market`s close. On the New York Stock Exchange, Motel 6 partnership units closed Thursday at $19.25 a share, up $2.62. More than 50 …
leaving Pernod Ricard the only company whose stock dropped, by 1.72 percent, reported Xinhua. The top three gainers on Thursday were Total, up 6.56 percent, ArcelorMittal, up 6.02 percent, and Accor, up 5.54 percent. In the previous …
The two entities will start trading as separate companies on the Paris stock exchange from July 2nd. Following the decision Accor chairman, Gilles Pélisson, thanked the two teams for their dedication and hard work in successfully …
The cash and stock deal was worth roughly $300 million, people familiar with the matter said. Bloomberg reported the two were in talks last week. Accor SA, Europe’s biggest hotel operator, and Expedia Inc., the global online travel giant, …
Large hotel groups like the Accor Group have contracts with codes or teams ... Photo: Getty They were given space in the kitchen and also had access to some of the hotel’s stock. It is an inclusive and unusual approach, but it was designed …
Acorda Therapeutics, Inc. ACOR reported adjusted earnings of 43 cents per share ... far this year compared with the industry’s 3.3% increase. Including the impact of stock-based compensation expenses as well as other non-recurring …
Accor announced the purchase after the French stock market closed. The company’s shares fell 3.1 percent to 38.9 euros, paring the gain for this year to about 4 percent.