October 2, 2017 / 5:07 PM / 2 months ago

BRIEF-AccorHotels to acquire Gekko

Oct 2 (Reuters) - ACCORHOTELS:

* SIGNS AN AGREEMENT TO ACQUIRE GEKKO

* TRANSACTION, WHICH VALUES GEKKO AT €100 MILLION, WILL HAVE AN ACCRETIVE EFFECT ON ACCORHOTELS’ FINANCIAL PERFORMANCE FROM 2018.

* STEPHANE DE LAFORCADE AND OLIVIER DELOUIS TO REMAIN AT HEAD OF GEKKO AND TO CONTINUE TO RUN GROUP INDEPENDENTLY Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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