AccorInvest takes over Orbis for €1.06bn

AccorInvest announced the closing of the acquisition of the Polish hotel group Orbis on 11 March.

At the end of 2019, AccorInvest had announced the acquisition of 85.8% of the Orbis Group shares held by Accor. Following the public tender offer launched by AccorInvest on 5 February, the Group now hold...