Friday 29 Mar 2024
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SINGAPORE (Feb 26): Banyan Tree Holdings is acquiring the remaining 34.25% stake it does not own in subsidiary, Laguna Resorts & Hotels (LRH).

Banyan Tree says the acquisition will enable to group to increase its economic interest in LRH. The offer also provides an opportunity to realise their investment in LRH.

The acquisition will be made via a voluntary tender offer for LRH shares by Banyan Tree and its subsidiary, Banyan Tree Resorts & Spas (Thailand) Company Limited... (Click here to read the full story.)

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