BRIEF

on Dalata Hotel Group PLC (isin : IE00BJMZDW83)

Dalata Hotel Group's Scheme of Arrangement Sanctioned by Court

Dalata Hotel Group PLC has announced that the High Court of Ireland has sanctioned the scheme of arrangement for its acquisition by Pandox Ireland Tuck Limited, a company owned by Pandox AB and Eiendomsspar AS. This move will enable the recommended cash acquisition of the entire issued capital of Dalata, excluding Treasury Shares.

The transaction will become effective once the Court Order is registered with the Registrar of Companies. Trading of Dalata's shares on Euronext Dublin and the London Stock Exchange is expected to end on 6 November 2025. The official listing will be canceled by 10 November 2025.

Bidco plans to distribute payments to Scheme Shareholders by 21 November 2025, as per the Irish Takeover Rules. Key participants involved in the transaction include financial advisors Rothschild & Co and joint corporate brokers Berenberg and Davy.

R. P.

Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Dalata Hotel Group PLC news