Hyatt Discloses Exclusive Discussions with Playa Hotels & Resorts N.V. ...Middle East

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Hyatt Discloses Exclusive Discussions with Playa Hotels & Resorts N.V.
source : hospitality net ( Middle East ) () 51
Hyatt Hotels Corporation (the “Company” or “Hyatt”) (NYSE: H) disclosed it has executed an exclusivity agreement with Playa Hotels & Resorts N.V. (“Playa”) (NASDAQ: PLYA) under which Playa has agreed to negotiate exclusively with Hyatt regarding potential strategic alternatives, which may include the acquisition of Playa by Hyatt.

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