Hyatt Hotels Corporation (H) has announced an extension of the cash tender offer by its indirect subsidiary, HI Holdings Playa B.V., to acquire all outstanding ordinary shares of Playa Hotels & Resorts N.V. at $13.50 per share in cash.
As of May 23, 2025, a total of approximately 85% of Playa's outstanding shares had been validly tendered or are already owned by Hyatt—excluding around 620,000 shares under guaranteed delivery. Including those shares, the total rises to roughly 85.5%. Shareholders who have already tendered their shares are not required to take any further action.
Tuesday, H closed at $131.85, up 3.53%, and was trading at $131.97 in after-hours, a 0.09% gain on the NYSE.
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