COMMISSION CLEARS ACQUISITION OF NH ITALIA BY BANCA INTESA AND NH HOTELES.

The European Commission has given its go-ahead to the joint acquisition of Italian hotel and catering company NH Italia by Banca Intesa of Italy and NH Hoteles of Spain. Up until now, the company has been solely controlled by NH Hoteles. Banca Intesa is the holding company of a banking and finance group. NH Hoteles is active in setting up...

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