Pandox AB and Eiendomsspar AS have, through Pandox Ireland Tuck - Bidco, announced a firm intention to make a cash offer for the entire share capital of Dalata Hotel Group plc, valuing the fully diluted share capital of Dalata at approximately 1.4 billion euros. The buyer is Pandox Ireland Tuck, a newly incorporated company which, at completion of the acquisition, will be owned by: Pandox - expected 91.5 percent; and Eiendomsspar - expected 8.5 percent.
The acquisition comprises a portfolio of 56 hotel businesses, including 31 freehold and long leasehold properties, 22 leasehold hotels and 3 managed hotels in the Republic of Ireland, the UK, Germany and the Netherlands.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.