Mantra takeover by Accor given the go-ahead by ACCC

Mantra takeover by Accor given the go-ahead by ACCC

The competition watchdog has given the green light for the proposed $1.2 billion acquisition of Mantra Group Limited (ASX: MTR) by French giant Accor.

Accor made its bid for Mantra last October, which was unanimously accepted by the Mantra board three days later, however the planned deal has been subject to approval by the Australian Competition and Consumer Commission (ACCC).























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