Hyatt Extends Tender Offer For All Outstanding Ordinary Shares of Playa Hotels & Resorts N.V.
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Hyatt's Tender Offer Extension: Hyatt Hotels Corporation has extended the cash tender offer to purchase all outstanding shares of Playa Hotels & Resorts at $13.50 per share, now set to expire on June 9, 2025, pending regulatory approvals and other conditions.
Shareholder Information: Approximately 85% of Playa's shares have been tendered as validly submitted, and shareholders who have already participated do not need to take further action due to the extension of the offer period.
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.
