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Accor SA (ACCP.PA)

ACCP.PA on Paris Stock Exchange

43.14EUR
17 Aug 2018
Change (% chg)

€0.14 (+0.33%)
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€43.00
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Thu, Jul 26 2018

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AccorHotels drops plan to buy minority stake in Air France-KLM

PARIS AccorHotels, Europe's largest hotelier, said it had abandoned plans to buy a minority stake in Air France-KLM, which has been hit by boardroom and staff unrest.

UPDATE 2-AccorHotels drops plan to buy minority stake in Air France-KLM

* Air France-KLM declines to comment on Accor's decision (Adds detail, background)

AccorHotels drops plan to buy minority stake in Air France-KLM

PARIS, July 26 AccorHotels, Europe's largest hotelier, said on Thursday it had decided to drop plans to buy a minority stake in Air France-KLM as it felt that conditions necessary for the deal had not been met at this stage.

UPDATE 1-AccorHotels, Qatar's Katara target Africa with new fund

* Fund to target 40 hotels over 5-7 years (Adds detail, background)

Accor and Katara Hospitality set up $1 bln Africa-focused investment fund

PARIS, July 23 AccorHotels, Europe's biggest hotels group, and Qatar firm Katara Hospitality announced plans to set up a $1 billion investment fund targeting the hotels and hospitality sectors in sub-Saharan African countries.

Air France-KLM chairman blames Accor over CEO search delay

PARIS Anne-Marie Couderc, the interim chairman of Air France KLM, has blamed AccorHotels for complicating and delaying the airline's search for a new chief executive, according to an internal memo seen by Reuters.

UPDATE 1-Air France-KLM chairman blames Accor over CEO search delay

* Air France-KLM hopes to conclude new CEO search in coming weeks

Air France-KLM chairman blames Accor over CEO search delay

PARIS, July 13 Anne-Marie Couderc, the interim chairman of Air France KLM, has blamed AccorHotels for complicating and delaying the airline's search for a new chief executive, according to an internal memo seen by Reuters.

France's Accor to buy half of Sam Nazarian's SBE in $319 million deal

PARIS AccorHotels , Europe's biggest hotels group, will buy a 50 percent stake in U.S. hospitality mogul Sam Nazarian's upmarket SBE Entertainment Group, in a deal that will see Accor invest a total of $319 million in SBE.

UPDATE 2-France's Accor to buy half of Sam Nazarian's SBE in $319 mln deal

* Deal will expand Accor's luxury and U.S footprint (Adds details on Sam Nazarian, analyst, shares)

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