Chinese Jin Jiang International is offering SEK 40 in cash per share in the hotel company Radisson.
This is stated in a press release.
During the autumn, Jin Jiang took over as majority owner of Radisson by purchasing HNA's more than 50 percent of the shares for SEK 35 per share.
The mandatory bid of SEK 40 corresponds to a premium of 9.6 percent compared to Monday's closing price of SEK 36.50.
Radisson Hospitality's shares are placed on the observation list, which is in accordance with the regulations for public takeover bids.
Source: Nyhetsbyrån Direkt
