February 8, 2018 / 6:40 AM / 16 days ago

BRIEF-Hispania to delist or merge with its unit Bay Hotels

Feb 8 (Reuters) - Hispania Activos Inmobiliarios SOCIMI SA :

* SAID ON WEDNESDAY IT IS CONSIDERING VARIOUS ALTERNATIVES, INCLUDING DELISTING OR MERGER, FOR ITS SUBSIDIARY BAY HOTELS

* LAUNCHES A STANDING OFFER TARGETED AT ALL SHAREHOLDERS OF BAY HOTELS AT 7.75 EUROS PER SHARE, ABOVE EPRA NAV VALUATION PER SHARE OF 7.71 EUROS

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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