BRIEF-Marriott International To Pay $355 Million For citizenM Acquisition

Reuters
28 Apr
BRIEF-Marriott International To Pay $355 Million For citizenM Acquisition

April 28 (Reuters) - Marriott International Inc MAR.O:

  • MARRIOTT INTERNATIONAL TO ACQUIRE THE CITIZENM BRAND

  • MARRIOTT INTERNATIONAL INC - TO PAY $355 MILLION FOR CITIZENM ACQUISITION

  • MARRIOTT INTERNATIONAL INC - ASSUMING CLOSING OF THE TRANSACTION IN 2025, EXPECTS 5% NET ROOMS GROWTH IN 2025

Source text: ID:nPn9qVKsza

Further company coverage: MAR.O

((Reuters.Briefs@thomsonreuters.com;))

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