Second time lucky for CVC and UBS in Mantra hotels float - Reuters
The A$500 million ($460.93 million) IPO of Australian hotel chain Mantra will proceed after investors who rebuffed it two months ago changed their minds in light of strong performances from other floats, writes Reuters. The flotation will give owners CVC Asia Pacific Ltd and UBS AG an exit from an asset they have wanted to sell for years, writes Reuters.
29 May 2014•2 mins read
