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News: AccorHotels one step closer to completing Mantra acquisition

AccorHotels has welcome an Australian Competition & Consumer Commission decision to clear the acquisition of Mantra Group.

The acquisition still requires approval from Mantra shareholders as well as approvals from the Federal Court and the Foreign Investment Review Board.

Mantra is one of Australia’s largest hotel and resort marketers and operators with 127 properties and over 20,000 rooms in hotels, resorts and serviced apartments across Australia, New Zealand, Indonesia and Hawaii.

The properties fall un…
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