Eversheds advises New World China on acquisition of a German hotel company
Eversheds has advised New World China Land (NWCL) on its acquisition of Penta Hotel Holdings for approximately €13.5m (£11m). NWCL is a large-scale national developer in mainland China with total assets of HKD117.8bn (£9.2bn). Its projects span more than 25 large cities or major transportation hubs. Penta Hotel Holdings manages a total of 24 Pentahotels across Germany, the […]