Chinese firm Bluesky in C$2.1b deal to buy InnVest
Deal will give Bluesky a stake in some of Canada's most historic hotels
Thu, May 12, 2016 - 5:50 AM
Toronto
BLUESKY Hotels & Resorts Inc, a closely held company backed by capital from Hong Kong, agreed to buy InnVest Real Estate Investment Trust for C$2.1 billion (S$2.2 billion), giving the Chinese firm a stake in some of Canada's most historic hotels and beachhead for expansion in...
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