Safari Hotels to get new owner
11 July 2018 | Business
The Namibian Competition Commission (NaCC) has approved the application of United Property Management, owned by United Africa Group, to acquire the entire share capital in the holding company of the Safari Hotel, Safari Court and the Safari Conference Centre.
UAG already owns Protea Hotel Fürstenhof and Protea Hotel Thüringerhof in Windhoek.
The NaCC’s approval is subject to certain conditions.
Read the full report tomorrow in Market Watch.