The press revealed this morning that the Chinese Jin Jiang, AccorHotels’ top shareholder (the last reported stake held on 27 May was 15.06% of capital and 13.15% of voting rights through Rubyrock and Gold Apple Capital, both controlled by Jin Jiang) may be seeking 29% of the French hotelier’s capital, just below the 30% threshold which would force the launch of a takeover bid. According to the press, Jin Jiang could have approached Colony and Eurazeo to buy their 11% stake held in
03 Jun 2016
Jin Jiang is back for more, seeking 29% of AccorHotels’ capital
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Jin Jiang is back for more, seeking 29% of AccorHotels’ capital
Accor SA (AC:WBO) | 0 0 0.3% | Mkt Cap: 13,333m
- Published:
03 Jun 2016 -
Author:
Bérénice Lacroix -
Pages:
3
The press revealed this morning that the Chinese Jin Jiang, AccorHotels’ top shareholder (the last reported stake held on 27 May was 15.06% of capital and 13.15% of voting rights through Rubyrock and Gold Apple Capital, both controlled by Jin Jiang) may be seeking 29% of the French hotelier’s capital, just below the 30% threshold which would force the launch of a takeover bid. According to the press, Jin Jiang could have approached Colony and Eurazeo to buy their 11% stake held in