Luxury Hospitality Daily News
Maison&Objet Sept 2025 ENMaison&Objet Sept 2025 EN
Maison&Objet Sept 2025 EN MobileMaison&Objet Sept 2025 EN Mobile

< Previous news Next news >

InterContinental Hotels Group PLC Announcement of Disposal of Remaining Interest in Britvic plc

Category: Worldwide
This is a press release selected by our editorial committee and published online for free on wednesday 14 december 2005

InterContinental Hotels Group PLC (“IHG”) announces that it has received notice of intention to exercise the over-allotment arrangement granted in respect of 23 million shares in Britvic plc. Once exercised, IHG will have disposed of 100% of its holding in Britvic plc.


Proceeds of £53 million are expected to be received in relation to the over-allotment arrangements. This will bring the total proceeds received from the disposal of IHG’s entire interest in Britvic plc (including special dividends but before deducting any commissions or expenses) to £371 million.




You will also like to read...

RADISSON HOTEL GROUP UNVEILS SECLUDED COASTAL GEM WITH THE OPENING OF RADISSON RESORT RUŽA VJETROVA IN MONTENEGRO
FAIRMONT HOTELS & RESORTS DEBUTS IN JAPAN WITH THE GRAND OPENING OF FAIRMONT TOKYO
FOUR SEASONS HOTEL MILANO UNVEILS NEW ROOMS AND SUITES DESIGNED BY ACCLAIMED DESIGNER PIERRE-YVES ROCHON, PAYING TRIBUTE TO MILAN'S DESIGN HERITAGE




Find out more news from the industry...


All the news
Industry economy
Careers
Our interviews
Exclusive experiences
Ultimate Luxury Experiences
Gourmet restaurants
Suppliers
Tailor-made press review


Find out more news from the industry...


All the news
Industry economy
Careers
Our interviews
Exclusive experiences
Ultimate Luxury Experiences
Gourmet restaurants
Suppliers
Tailor-made press review


< Previous news Next news >



Read the latest issue of our newspaper
Join us on Facebook Follow us on LinkedIn Follow us on Instragram Follow us on Youtube Rss news feed

Our business? To serve professionals in the luxury hotel industry by providing useful content and food for thought.

Industry news  |  Useful Resources  |  Recruiting with us  |  Career section  |  Advertise  |  Sitemap


Questions

Hello and welcome to Journal des Palaces

You are a communication or the PR manager?
Click here

You are an applicant?
Check out our questions and answers here!

You are a recruiter?
Check out our questions and answers here!