Fattal Hotel in talks to buy German Holiday Inn chain
GLOBES - Israel's Business Arena
Sources inform ''Globes'' that Fattal Hotel Management Ltd. is in advanced talks to acquire a portfolio of 22 Holiday Inns in Germany for €300 million (NIS 1.5 billion). After more than a year of talks, Fattal Hotel has a no-shop period, and the final agreement is due to be signed in a few weeks. If a deal is closed, several Diaspora Jewish families will participate in it. ...
GLOBES - Israel's Business Arena: Fattal Hotel in talks to buy German Holiday Inn chain