Hyatt Announces Receipt of All Required Regulatory Approvals for Pending Acquisition of Playa Hotels & Resorts N.V.
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Hyatt's Acquisition of Playa Hotels: Hyatt Hotels Corporation has received all necessary regulatory approvals for its cash tender offer to purchase Playa Hotels & Resorts N.V. at $13.50 per share, with the offer set to expire on June 9, 2025, and expected completion around June 17, 2025.
Tender Offer Details: Following the expiration of the initial offer, Hyatt plans to initiate a subsequent offering period for any remaining Playa shares not tendered, which will last until June 16, 2025, pending satisfaction of minimum tender conditions and other closing requirements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
