ADIA Buys Accor’s Stake in TAHL
Posted on 11/05/2013
Accor SA, the French hotel group, agreed to sell its 19.4% in Australia’s Tourism Asset Holdings (TAHL) for A$ 66 million and assume debts totaling A$ 76 million to the Abu Dhabi Investment Authority (ADIA). This comes after ADIA’s purchase of the majority of TAHL’s assets. Accor is also trying to focus more on managing […]
