Browsing Tag
Service Properties Trust
2 posts
TKO Hotels targets Service Properties Trust portfolio in $2bn cash deal
TKO Hotels has offered $2 billion in cash for Service Properties Trust’s entire lodging portfolio, potentially allowing the REIT to cut debt sharply and emerge as a focused net lease company.
BP Products North America to acquire TravelCenters of America for $1.3bn
BP Products North America, a 100% indirect subsidiary of BP, has agreed to acquire TravelCenters of America (TA),…