Marriott international to acquire elegant hotels group fueling growth of all-inclusive platform

Marriot international to acquire elegant hotels group fueling growth of all-inclusive platform.offer values entire issued and to be issued ordinary share capital of elegant at approximately £100.8 million.under terms of offer, each elegant shareholder would be entitled to receive 110 pence per elegant share.upon completion of property renovations, co to operate elegant hotels as all-inclusive resorts under one or more of marriott's collection brands.
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