Hyatt to Acquire Playa Hotels for $2.6 Billion

Hyatt Hotels Corporation (H) entered a merger agreement on February 10, 2025, to acquire Playa Hotels & Resorts N.V. (PLYA) for $2.6 billion, including debt.

Deal Structure:

Under the terms of the agreement, Hyatt will acquire all outstanding shares of Playa for $13.50 per share, representing a premium of 4.33% from the stock’s last close.

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