Posts tagged: Cox & Kings

Betaville Intelligence

WELL-DONE ALERT: Cox & Kings said to have appointed advisers for £500 million sale of Meininger Hotels - Part 2

Monday, 2 September 2019, 4:00 pm

Oh look - I see Bloomberg has just published a "scoop" about Cox & Kings appointing bankers from Lazard to find a buyer for Meininger Hotels, the Berlin-based budget hotel chain. Below is a link:

https://www.bloomberg.com/news/articles/2019-09-02/cox-kings-said-to-weigh-sale-of-european-hotel-chain-meininger..

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Betaville Intelligence

WELL-DONE ALERT: Cox & Kings said to have appointed advisers for £500 million sale of Meininger Hotels

Thursday, 15 August 2019, 9:28 am

Cox & Kings, the embattled Indian travel group, is said to have appointed bankers from Lazard to find a buyer for budget hostel chain Meininger Hotels.

People with knowledge of the situation said advisers from Lazard had reached out to several private equity firms on behalf of Cox & Kings to see whether they might be interested in purchasing Meininger Hotels from the travel business, which is listed in India...

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