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Hotel group in largest Norwegian LBO ever.(OSLO)

Publication: European Venture Capital Journal
Publication Date: 01-JUN-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
US LBO specialist Starwood Capital and Swedish property investor Niam have bid 1.4bn [euro] for Norwegian hotel group Norgani Hotels, making it the largest LBO in Norwegian history.

Norgani only changed hands eight months ago when it was bought by Norwegian Property, a local real estate...

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...group, and Scandic...

NOTE: All illustrations and photos have been removed from this article.



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