€1.4bn agreement to buy Irish hotel group represents the highest market cap for the firm since its IPO in 2014
The Scandic hotel in Taby, Sweden. Photo: Scandic
The new operator of the Dalata Hotel business is considering bringing its Scandic-branded hotels to Ireland, as it looks to close a €1.4bn agreement to acquire the country’s largest hotel group.
Last week, Oslo-based investment firm Eiendomsspar and Swedish hotel company Pandox reached an agreement to buy Dalata.
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