The PPF staff of Renáta Kellnerová and her circle of relatives can purchase the corporate Quinn Motels Praha, which owns the biggest lodge within the Czech Republic, the Hilton Prague. The transaction was once licensed through the Place of job for the Coverage of Financial Festival (ÚOHS), which knowledgeable about it in a press unlock. The corporations didn’t state the price of the transaction, consistent with previous estimates through Hospodářské noviny, it’ll be within the billions of crowns.
“The place of business’s investigation discovered that the regarded as aggregate of competition does now not carry considerations in regards to the disruption of monetary pageant within the box of lodge control,” mentioned the ÚOHS.
PPF buys Quinn Motels Praha thru PPF Actual Property. The Hilton Prague, previously the Atrium Lodge, was once finished in 1991, constructed through the state corporate Čedok in cooperation with the French CBC Paris. The lodge has 11 flooring and 791 rooms, and up to now hosted statesmen and picture and song stars.
