Pandox AB | October 10, 2016
STOCKHOLM–Pandox’s (STO:PNDXB) acquisition of Hilton Grand Place Brussels, which was announced 21 September 2016, has been completed.
The final acquisition price amounts to MEUR 55, corresponding to approximately MSEK 530. The acquired hotel is consolidated and reported under the business segment Operator Activities as of 10 October, 2016.
For more information about the acquisition, please see the press release dated 21 September 2016, where the acquisition was announced.
This information is information that Pandox AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, 10 October 2016, 16:15 CEST.
