Browse Tag

hotel takeover

Pandox Completes €1.7bn Dalata Takeover: Dalata Delists Today as Scandic Takes Over 56 Hotels (10 Nov 2025)

Pandox Completes €1.7bn Dalata Takeover: Dalata Delists Today as Scandic Takes Over 56 Hotels (10 Nov 2025)

Published: 10 November 2025 Summary: Dalata Hotel Group plc has been formally delisted this morning following the completion of its acquisition by a Pandox AB–Eiendomsspar AS consortium. Scandic Hotels Group has begun managing Dalata’s 56 hotels under an interim management agreement and intends to acquire the operating platform for €500 million after a carve‑out, while Pandox will retain 31 investment properties in Ireland and the UK under long‑term, revenue‑based leases once the separation is complete. pandox.se+3pandox.se+3Investegate+3 What changed today (10 November 2025) Deal at a glance Scandic’s role: manage now, buy later Effective 7 November 2025, Scandic assumed operational responsibility
Go toTop