Hyatt achieves minimum condition in tender offer to acquire 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 101,891,119 shares of playa hotels & resorts n.v. (“playa”) (nasdaq: plya) (excluding 2,365,586 playa ordinary shares tendered pursuant to guaranteed delivery procedures), representing approximately 82.8% of playa's outstanding shares, were validly tendered and not withdrawn prior to the expiration of the initial offering period at 5:00 p.m., ne.
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