Following the acquisition, the remaining 10% of the corporate capital and voting rights of Alpina Dolomites will be retained by its current owners.
SINGAPORE (Feb 18): Hotel Properties Limited’s (HPL) new United Kingdom-based joint venture company, HPL Dolomites (UK), is acquiring 90% of the corporate capital and voting rights of Alpina Dolomites SRL for 40.6 million euro ($61.1 million).
Alpina Dolomites owns the 5-star luxury hotel, Alpina Dolomites Hotel, Gardena Health Lodge & Spa in Italy.
