Jin Jiang not checking into AccorHotels board for now

Paris

ASSUAGING French fears of a possible takeover, Jin Jiang will not, for now, take a place on the board of AccorHotels, although China's state-owned group said on Tuesday that it was in talks with its European rival.

Last month, French President Francois Hollande warned Jin Jiang, the world's seventh-largest hotel group, against setting its sights on a possible takeover of AccorHotels.