Hyatt commences tender offer for all outstanding ordinary shares of playa hotels & resorts n.v.

Chicago--(business wire)--hyatt hotels corporation (“hyatt” or the “company”) (nyse: h), a leading global hospitality company, announced today that it is commencing, through an indirect wholly owned subsidiary, hi holdings playa b.v. (“buyer”), a cash tender offer to purchase all of the outstanding ordinary shares of playa hotels & resorts n.v. (“playa”) (nasdaq: plya) for $13.50 per share in cash, less any applicable withholding taxes and without interest. the offer is being made pursuant.
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