, billionaire founder of easyGroup, has lost control of the hotel arm of his business empire in a battle with a Canadian pension fund and Luxembourg property investors.
The consortium gained control of 50% of easyHotel on Wednesday, thwarting Haji-Ioannou's attempts to block the takeover by increasing his stake in easyHotel PLC from the current level of 27.5% to just under 30%. Adding: “I ask all shareholders to join me in rejecting the current offer of 95p as I have done for our entire stake.”
DavidGDawkins Multinational companies have stolen American jobs - 70,000 factories closed; 5m jobs lost - many went to China. China in return - steals our IP, forces companies to give secrets, devalues currency, sends fentanyl which kills 1,000 Americans/week. ENOUGH!