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Motel One prepares for IPO as founder retakes control

By Benjamin Chiou

Date: Tuesday 09 Apr 2024

(Sharecast News) - London private equity group Proprium Capital Partners has offloaded its shareholding in Motel One back to the German low-cost hotel chain's founder in a deal worth €1.25bn.
The transaction, which values Motel One at €4.1bn, saw founder Dieter Müller's One Hotels and Resorts buy a 35% stake in...

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