NH Hotel Group

Hyatt, which on Friday said it may launch a cash bid for 100 percent of NH Hotels, said it saw pursuing an offer as extremely challenging. “Based on the information we now have, we believe that the path to a successful tender offer by Hyatt under the terms expressed in our letter has narrowed to a…

Hyatt is looking to expand. It has shown interest in acquiring NH Hotel Group SA. The company has sent a letter to the he Spanish hotel operator expressing interest in pursuing a potential acquisition. NH Hotel shareholders are already weighing a tender offer from Thailand’s Minor International Pcl. In fact Dillip Rajakarier, chief operating officer of the Thai bidder,…