STG.MC : Summary for SOTOGRANDE, S.A. - Yahoo Finance

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MCE - MCE Delayed Price. Currency in EUR
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2.940.00 (0.00%)
At close: 6:00 AM EST
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Previous Close2.94
Bid2.92 x 120000
Ask6.00 x 8000
Day's Range2.94 - 2.94
52 Week Range2.51 - 3.05
Avg. Volume183
Market Cap132.04M
PE Ratio (TTM)N/A
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Bloomberg3 years ago

    Oaktree to Cerberus Said to Eye NH Hoteles’ Sotogrande

    Oaktree Capital Group LLC (OAK) and Cerberus Capital Management LP are among bidders for NH Hoteles SA (NHH)’s real-estate unit Sotogrande (STG) SA as the Spanish hotelier reorganizes its assets to cut costs and debt, people familiar with the matter said. The investment firms are handing in offers this month for Sotogrande, which may fetch more than 200 million euros ($277 million), the people said, asking not to be identified because the process is private. Jefferies Group LLC is helping NH Hoteles with the sale process of its 98 percent stake in Sotogrande, the people said. NH Hoteles, which operates about 400 hotels in 28 countries in Europe , the Americas and Africa, is seeking ways to cut costs while selling some hotels that no longer fit with its strategy, the company said in February.

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