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Deal Date: 19-02-2019 Practice Area: Corporate and M&A
Deal Title: YTL Corporation Berhad Acquisition of Madrid Hotel Development Project Industry: Travel & Leisure
Slaughter and May advised YTL Corporation Berhad on the acquisition by its subsidiary, YTL Hotels and Properties Sdn Bhd, of the entire issued share capital of a Spanish project company, SOL HTL Project, S.L.U., for EUR 220 million. SOL HTL Project was undertaking a real estate development project to convert an existing office building in the centre of Madrid into a 200-room hotel to be operated under the EDITION brand of Marriott International, Inc. at Plaza de Celenque no. 2, 28013 Madrid, Spain.
Financial Center: London Value: 100.01-500.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Spain Acquiror Jurisdiction: Malaysia
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Simon Hall