Hyatt to Acquire Playa Hotels & Resorts in $13.50 Per Share All-Cash Deal

MT Newswires Live

2025/02/10

Playa Hotels & Resorts (PLYA) said Monday it agreed to be acquired by Hyatt Hotels (H) for $13.50 per share in cash.

The sale price represents a 40% premium to Playa's stock price, the company said.

The acquisition will combine Playa's beachfront luxury properties with Hyatt's global brand and operational expertise, according to a statement.

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