Browsing Tag
Park Plaza
2 posts
PPH takeover battle resets as Euro Plaza blocks £22-a-share Fattal proposal
PPHE Hotel Group’s rejected £22-a-share takeover has exposed the tension between its valuable European property portfolio, concentrated ownership structure and uncertain route to unlocking value for minority shareholders.
PPHE Hotel shares plunge as Fattal’s £920.9m takeover collapses on shareholder opposition
PPHE Hotel shares fell 15.8% after Fattal’s £22 takeover failed. See what shareholder opposition, asset value and another bidder mean for PPH.