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British multinational IHG announces new acquisition move, eyeing business opportunity in China

March 15, 2018

Abstract : Inter Continental Hotels Group (IHG) on March 14 announced that it has acquired a 51-percent stake in Regent Hotels and Resorts for 39 million US dollars in cash.

SHANGHAI - Inter Continental Hotels Group (IHG) on March 14 announced that it has acquired a 51-percent stake in Regent Hotels and Resorts for 39 million US dollars in cash.

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