7th Sep 2015 06:55
LONDON (Alliance News) - Dalata Hotel Group PLC Monday said that it has noted weekend press speculation around a potential equity fundraising.
"The board confirms that it keeps all forms of financing under review and will update the market as appropriate," the company said in a statement.
A report in the Irish Independent indicated the company will look to raise up to EUR150 million in coming weeks in order to fund further hotel acquisitions.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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