Six Continents gives split-up data

Article Abstract:

Six Continents PLC has made available the details of the split up of its hotel and pubs operations. The two operations will now be called InterContinental Hotels Group PLC and Mitchells & Butlers PLC.

Organizational history, Management dynamics, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Management, Company business management, Organization formation, Subsidiaries, divisions and units, Mitchells & Butlers

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Meridien Hotels' banks seek to rescue their investment

Article Abstract:

Meridien Hotels and Resorts Ltd.'s debts are now higher than its estimated value. Meridien Hotels' banks are now attempting to save their investment in the company with a possible rescue plan.

Financial management, Finance, Company financing, Meridien Hotels and Resorts Ltd.

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British investor launches bid of 8.13 billion euros for Six Continents

Article Abstract:

Six Continents PLC has received a hostile acquisition bid of 8.13 billion euros from British entrepreneur Hugh Osmond. Six Continents quickly turned down the offer.

Strategy & planning, Acquisitions & mergers, Planning, Mergers, acquisitions and divestments, Company acquisition/merger, Company business planning, Osmond, Hugh

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