Data News > Post Market Movers: Hyatt Extends Tender Offer for Playa Hotels & Resorts Shares
- Hyatt Hotels Corporation is extending its tender offer for Playa Hotels & Resorts N.V. shares
- The offer is for $13.50 per share in cash
- The offering period has been extended by HI Holdings Playa B.V., a wholly owned subsidiary of Hyatt
- Playa Hotels & Resorts N.V. is listed on the NASDAQ under the ticker symbol PLYA
- The offer excludes any applicable withholding taxes
Hyatt Hotels Corporation, a prominent global hospitality company, has announced the extension of its cash tender offer for all outstanding ordinary shares of Playa Hotels & Resorts N.V. The offer, valued at $13.50 per share in cash, is being extended by HI Holdings Playa B.V., an indirect wholly owned subsidiary of Hyatt. Playa Hotels & Resorts N.V., listed on the NASDAQ under the ticker symbol PLYA, is the target of this acquisition.
The tender offer, which excludes any applicable withholding taxes, aims to purchase all outstanding ordinary shares of Playa Hotels & Resorts N.V. The extension of the offering period provides shareholders with additional time to consider and potentially accept the offer. Hyatt's strategic move to acquire Playa Hotels & Resorts aligns with its ongoing commitment to expanding its presence in the global hospitality industry.
By extending the offering period, Hyatt demonstrates its dedication to completing the acquisition of Playa Hotels & Resorts N.V. at the proposed price of $13.50 per share in cash. This move reflects Hyatt's confidence in the value and potential of the target company, as well as its commitment to delivering long-term growth and value to shareholders.
As the tender offer continues, shareholders of Playa Hotels & Resorts N.V. are encouraged to carefully review the terms and conditions of the offer. The extension of the offering period provides shareholders with an opportunity to make informed decisions regarding the sale of their shares. With the continued support of HI Holdings Playa B.V., Hyatt remains committed to the successful completion of the acquisition.
The extended tender offer for all outstanding ordinary shares of Playa Hotels & Resorts N.V. represents a significant move by Hyatt Hotels Corporation to strengthen its position in the hospitality industry. As the offering period is extended, both companies are working towards finalizing the acquisition, which is set to have a lasting impact on the global hospitality market.
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Post Market Movers: Hyatt Extends Tender Offer for Playa Hotels & Resorts Shares
By KlickAnalytics Data Insights | May 27, 2025 08:08PM ET
Key Points
- Hyatt Hotels Corporation is extending its tender offer for Playa Hotels & Resorts N.V. shares
- The offer is for $13.50 per share in cash
- The offering period has been extended by HI Holdings Playa B.V., a wholly owned subsidiary of Hyatt
- Playa Hotels & Resorts N.V. is listed on the NASDAQ under the ticker symbol PLYA
- The offer excludes any applicable withholding taxes
Hyatt Hotels Corporation, a prominent global hospitality company, has announced the extension of its cash tender offer for all outstanding ordinary shares of Playa Hotels & Resorts N.V. The offer, valued at $13.50 per share in cash, is being extended by HI Holdings Playa B.V., an indirect wholly owned subsidiary of Hyatt. Playa Hotels & Resorts N.V., listed on the NASDAQ under the ticker symbol PLYA, is the target of this acquisition.
The tender offer, which excludes any applicable withholding taxes, aims to purchase all outstanding ordinary shares of Playa Hotels & Resorts N.V. The extension of the offering period provides shareholders with additional time to consider and potentially accept the offer. Hyatt's strategic move to acquire Playa Hotels & Resorts aligns with its ongoing commitment to expanding its presence in the global hospitality industry.
By extending the offering period, Hyatt demonstrates its dedication to completing the acquisition of Playa Hotels & Resorts N.V. at the proposed price of $13.50 per share in cash. This move reflects Hyatt's confidence in the value and potential of the target company, as well as its commitment to delivering long-term growth and value to shareholders.
As the tender offer continues, shareholders of Playa Hotels & Resorts N.V. are encouraged to carefully review the terms and conditions of the offer. The extension of the offering period provides shareholders with an opportunity to make informed decisions regarding the sale of their shares. With the continued support of HI Holdings Playa B.V., Hyatt remains committed to the successful completion of the acquisition.
The extended tender offer for all outstanding ordinary shares of Playa Hotels & Resorts N.V. represents a significant move by Hyatt Hotels Corporation to strengthen its position in the hospitality industry. As the offering period is extended, both companies are working towards finalizing the acquisition, which is set to have a lasting impact on the global hospitality market.
About H
Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME/SW Asia Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels, select service hotels, resorts, and other properties, including timeshare, fractional, residential, vacation, and condominium units. It operates its properties under the Park Hyatt, Miraval, Grand Hyatt, Alila, Andaz, The Unbound Collection by Hyatt, Destination, Hyatt Regency, Hyatt, Thompson Hotels, Hyatt Centric, Joie de Vivre, Caption by Hyatt, Hyatt House, Hyatt Place, Hyatt Ziva, Hyatt Zilara, UrCove, Hyatt Residence Club, Hyatt Residences, Hyatt Resorts, Secrets Resorts & Spas, Dreams Resorts & Spas, Breathless Resorts & Spas, Zoetry Wellness & Spa Resorts, Alua Hotels & Resorts, and Sunscape Resorts & Spas brands. As of March 31, 2022, the company's hotel portfolio consisted of approximately 540 hotels comprising 113,000 rooms worldwide. It primarily serves corporations; national, state, and regional associations; specialty market accounts, including social, government, military, educational, religious, and fraternal organizations; travel agency and luxury organizations; and a group of individual consumers. The company also operates World of Hyatt loyalty program which rewards points that can be redeemed for hotel nights and other rewards. Hyatt Hotels Corporation was founded in 1957 and is headquartered in Chicago, Illinois.For more information:
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