1114 GMT - Pandox and Eiendomsspar's 1.3 billion euro offer to buy Dalata Hotel could open the door for other bidders to come along, AJ Bell's Russ Mould writes. The Swedish consortium's 27% bid premium to Dalata Hotel's March 5 closing price is below the 36% average on U.K.-listed takeovers so far this year, according to analysis by AJ Bell. "Sometimes all it takes is one person to move, for another to follow suit," Mould writes. Still, he adds that Pandox and Eiendomsspar's skills and experience are perfectly matched to taking Dalata to the next level. Dalata shares are up 5.7% at 6.09 euros. That is above the 6.05 euro price offered by the consortium. (ian.walker@wsj.com.)
(END) Dow Jones Newswires
June 03, 2025 07:14 ET (11:14 GMT)
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