Italian bank Intesa has acquired a 5% stake in NH Hoteles for EUR 95 mln, unnamed financial sources have told Spanish news agency Europa Press.
Italian bank Intesa has acquired a 5% stake in NH Hoteles for EUR 95 mln, unnamed financial sources have told Spanish news agency Europa Press.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.