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The information below comes from the
UK Activity Report.
Savoy Hotel has been acquired by Blackstone Hotel Acquisitions, the US company controlled by Blackstone and Colony Capital, for £520m. 08-Apr-1998
Blackstone of the US is said to have made a bid proposal for the Savoy luxury hotels group, and an announcement is expected within a week. 04-Apr-1998
The Savoy Hotel is said to have received a £520m takeover offer from Blackstone Group, the New York investment bank, but there have also been approaches from three US real estate investment trusts. 21-Mar-1998
The Savoy Hotel group has received a number of approaches from prospective buyers, and is in the process of deciding which ones to follow up. 18-Sep-1996
The Savoy group has sold the Lancaster Hotel in Paris for £9.6m. 02-Nov-1995
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Savoy Hotel
The information above comes from the
UK Activity Report
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