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Hilton hotel chain sold for 19 billion euros

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Hilton hotel chain sold for 19 billion euros


A US private equity firm has announced plans to purchase the Hilton hotel chain for 26 billion dollars, or just over 19 billion euros. The company Blackstone says the deal was approved by Hilton’s board of directors yesterday and will be signed and sealed before the end of this year. Blackstone already owns a significant number of hotel and resort properties in the US and Europe. Hilton’s brands include the Conrad, Doubletree and Waldorf-Astoria chains.

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