Irish Hotel Operator Dalata Shares Surge on Potential Sale Plans

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Dalata Hotel Group jumped the most since 2020 after Ireland’s largest hotel operator kicked off a strategic review that could ultimately lead to a potential sale of the business.

The Dublin-based company has hired Rothschild & Co as financial adviser, but is not yet in discussions nor in receipt of any approach from potential suitors, it said in a Thursday statementBloomberg Terminal.