Luxury Hospitality Daily News

< Previous news Next news >

Fairmont Plan Of Arrangement Receives Final Regulatory Approvals

Fairmont Plan Of Arrangement Receives Final Regulatory Approvals

Category: North America & West Indies / Carribean islands
This is a press release selected by our editorial committee and published online for free on 2006-05-08

Fairmont Hotels & Resorts Inc. ("Fairmont" or the "Company") (TSX/NYSE: FHR) today announced that all regulatory approvals required to complete the acquisition of Fairmont's outstanding common shares by a company owned by affiliates of Kingdom Hotels International and Colony Capital have been obtained. Currently, the expected date for the completion of the transaction is May 11th. Under the terms of the Arrangement, the Company's shareholders will receive US$45.00 in cash for each Fairmont common share.



You will also like to read...

LEADER - KURT MACHER, GENERAL MANAGER, SHANGRI-LA THE SHARD, LONDON: "DIVERSITY IS ABOUT CREATING A RICHER HOSPITALITY EXPERIENCE FOR EVERYONE"
WALDORF ASTORIA HOTELS & RESORTS SET TO MAKE BAHRAIN DEBUT
ALBRIGHTON HALL HOTEL & SPA, A MEMBER OF RADISSON INDIVIDUALS, OPENS NEAR HISTORIC MARKET TOWN IN THE UK




Find out more news from the industry...


All the news
Industry economy
Careers
Our interviews
Exclusive experiences
Ultimate Luxury Experiences
Gourmet restaurants
Suppliers
Tailor-made press review


Find out more news from the industry...


All the news
Industry economy
Careers
Our interviews
Exclusive experiences
Ultimate Luxury Experiences
Gourmet restaurants
Suppliers
Tailor-made press review


< Previous news Next news >



Read the latest issue of our newspaper
Join us on Facebook Follow us on LinkedIn Follow us on Instragram Follow us on Youtube Rss news feed

To serve luxury hotel professionals by providing useful content and food for thought.

Industry news  |  Useful Resources  |  Recruiting with us  |  Career section  |  Advertise  |  Sitemap


Questions

Hello and welcome to Journal des Palaces

You are a communication or the PR manager?
Click here

You are an applicant?
Check out our questions and answers here!

You are a recruiter?
Check out our questions and answers here!