• Accor ups offer

AccorHotels has increased its takeover bid for Polish affiliate Orbis. The PLN95 per share final offer is a 9.2% increase on its initial November bid.

Accor already holds over 50% of Orbis shares, and has been its largest shareholder since 2000. Orbis operates 128 hotels with 21,000 rooms in 16 countries across eastern Europe.

Read the full story here:

https://press.accorhotels.group/strongaccorhotels-raises-the-price-offered-in-its-tender-offer-for-orbis-shares-to-a-final-pln-95-0-per-sharestrongbr-nbsp/

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