Pandox Consortium acquires shares in Dalata Hotel Group amid ongoing acquisition talks
💰 Pandox Ireland DAC acquired 1,698,112 shares of Dalata Hotel Group on June 20, 2025, at €6.30 per share, accounting for 0.8% of Dalata's share capital. Previously, Pandox proposed €6.05 per share for full acquisition on June 2, 2025, which was rejected. Pandox now holds 9.6% of Dalata's shares. Under Irish Takeover Rules, Pandox must decide on a firm offer by July 15, 2025. Dalata's Board is engaging with other acquisition proposals.
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