ANA Sells 14 Hotel Subsidiaries Under Mid-Term Corporate Plan
ANA's board voted Friday to conclude the planned sale of 14 hotel subsidiaries for about $2.37 billion. The sale, part of ANA's 2006-09 "midterm corporate strategy," will be to Shiroyama Properties, a Tokyo company formed by a fund operated by Morgan Stanley. The planned closing date is June 1. ANA...
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