Mandarin Oriental being taken private at $4.2 bln valuation
💰 Hong Kong-based Jardine Matheson will acquire remaining shares of Mandarin Oriental Hotel Group, valued at $4.2 billion, and take it private. The company offers $3.35 per share, a 52% premium over the last unaffected price of $2.20 on Sept. 29. Mandarin Oriental operates 44 hotels in 27 countries. Recent sales include 13 floors of its Hong Kong hotel for $925 million. By June 2025, it reported a 45% profit increase to $798 million.
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