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flag Scandinavian firms Pandox and Eiendomsspar propose a €1.3 billion acquisition of Irish hotel group Dalata.

flag Scandinavian firms Pandox and Eiendomsspar have proposed a €1.3 billion cash offer to acquire Ireland's largest hotel group, Dalata, at €6.05 per share, a 5% premium. flag Dalata operates 55 hotels under the Maldron and Clayton brands, mostly in Ireland and the UK. flag Eiendomsspar, the second-largest shareholder in Dalata with an 8.8% stake, and Pandox have until July 15 to make a formal offer.

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