Thai tourism group Minor offers to buy out Spanish arm's minority shareholders
Published by Global Banking & Finance Review®
Posted on December 16, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 16, 2024
1 min readLast updated: January 27, 2026

Minor International offers to buy out MHEA minority shareholders at 6.37 euros per share, a 38% premium, aiming to delist the company.
(Reuters) - Thai tourism group Minor International has offered to buy out minority shareholders of Spain's Minor Hotels Europe & Americas, the Spanish company said late on Friday.
The Thai group, which already owns 95.9% of MHEA shares, offered to pay 6.37 euros ($6.70) per share for the stake it does not own, with an aim to delist Minor Hotels, which was previously known as NH Hotels, the company said in a filing to the Spanish stock market regulator.
The price represents a 38% premium over MHEA's closing price on Friday. Minor Hotels' market value was 2.02 billion euros on Friday.
Minor took over the Spanish group in 2018, paying 6.30 euros per share.
($1 = 0.9508 euros)
(Reporting by Joanna Jonczyk-Gwizdala, editing by Inti Landauro and Emelia Sithole-Matarise)
The main topic is Minor International's offer to buy out minority shareholders of MHEA to delist the company.
The offer price is 6.37 euros per share, representing a 38% premium.
Minor International currently owns 95.9% of MHEA shares.
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