Investment firm BMB Group has made an unsolicited bid of US $3.4 billion cash for Kerzner International Holdings.
"We are not interested in casino assets, but are growing our global real estate exposure and are particularly interested in the hospitality sector," BMB said in a statement.
South African hotel heavyweight Sol Kerzner took the company private in 2006 and operates resorts and luxury hotels, including Atlantis resorts in the Bahamas and Dubai and Mazagan Beach Resort in Morocco.
No comments:
Post a Comment