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GIC, a sovereign wealth fund of Singapore, is the new majority shareholder of the Sani / Ikos Group (SIG), a group that manages 10 luxury all-inclusive resorts along the Mediterranean coast, in Greece and Spain. According to a press release, the deal, the largest in Europe since the start of the COVID-19 pandemic, values ​​the...
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As anticipated by some rumors, the American investment fund Angelo Gordon Investments, in partnership with Westmont Hospitality Group (Canadian hotel manager), acquired the Spanish chain Room Mate, after the operation was approved by the Madrid court. It is recalled that the company based in Madrid had officially declared bankruptcy (more precisely voluntary concurso) at the...
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