Dalata Hotel group rejects €1.3 billion takeover offer
The Maldron Hotel in Tallaght is part of the Dalata Group

Dalata Hotel group rejects €1.3 billion takeover offer

THE Dalata Hotel Group has rejected a €1.3 billion takeover offer from Scandinavian property companies Pandox and Eiendomsspar.

Ireland’s largest hotel group, Dalata said this week the consortium’s offer was “materially undervalues the group and its prospects”.