Hyatt announces plans to acquire playa hotels & resorts n.v., enhancing hyatt's all-inclusive platform

Chicago--(business wire)--hyatt hotels corporation (nyse: h) today announced that hyatt has entered into an agreement to acquire all outstanding shares of playa hotels & resorts n.v. (nasdaq: plya, playa) for $13.50 per share, or approximately $2.6 billion, including approximately $900 million of debt, net of cash. playa is a leading owner and operator of all-inclusive resorts in mexico, the dominican republic and jamaica and hyatt is currently the beneficial owner of 9.4% of playa's outsta.
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