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Displaying documents 41-41 of 41, with best matches first:
- 41. IHG Sells InterContinental London Park Lane
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InterContinental Hotels Group has agreed to sell InterContinental London Park Lane to Constellation Hotel (Opco) UK S.A., which is an affiliate of Constellation Hotels Holding Limited, a Middle Eastern private investment group. IHG’s leasehold interest in the hotel has been sold for gross cash proceeds of £301.5m, 62% above 31 December 2012 net book value.
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