Swedish firm Pandox to bid for €1bn Jurys Inn
British tourism boom in wake of sterling slump makes hotel chain a hot property
Swedish hotel company Pandox has emerged as a bidder for the Jurys Inn brand, which is owned by Lone Star and managed by Amaris.
The 36-strong Jurys Inn brand was put up for sale earlier this year, with Credit Suisse and Eastdil lined up to handle the deal.
Reports at the time suggested a price tag of about €1 billion could be achieved for the company, with a winning bidder due to be selected by...
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