Fattal Hotel Group Proposes $1.24 Billion Takeover Offer for PPHE Hotel Group
Israel-based Fattal Hotel Group has made a non-binding offer to acquire UK-listed PPHE Hotel Group in a deal valued at £920.9m ($1.24bn), offering shareholders £22 per share, which represents a 37.5% premium over the May 26 closing price of £16. The proposal is part of PPHE's ongoing strategic review and sale process initiated in November 2025.
Topics: Fattal Hotel Group hotel industry PPHE Hotel Group takeover proposal