23rd Feb 2016 09:53
LONDON (Alliance News) - Dalata Hotel Group PLC said on Tuesday it had received approval from the Competition and Consumer Protection Commission to acquire the Clarion Hotel in Sligo, Ireland.
The Irish hotel operator announced it would be purchasing the hotel for EUR13.1 million in January, but had said the deal was subject to competition authority approval.
The acquisition is expected to close in due course, Dalata said.
Shares were up 2.3% at 352.91 pence on Tuesday morning.
By Hannah Boland; [email protected]; @Hannaheboland
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