
FRANKFURT, Germany -- Major Chinese hotel operator Huazhu Group will acquire the company behind the Steigenberger luxury hotel chain for 719.9 million euros ($793 million), the Shanghai-based company announced Monday.
Acquisition defies slowing China investment in Germany
FRANKFURT, Germany -- Major Chinese hotel operator Huazhu Group will acquire the company behind the Steigenberger luxury hotel chain for 719.9 million euros ($793 million), the Shanghai-based company announced Monday.
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