Ireland's Dalata Hotel agrees to $1.64 billion takeover deal

Scandinavian property companies Pandox AB PNDX_B and Eiendomsspar AS EEISP13_PRO have agreed to buy Ireland's largest hotel group Dalata DAL for 1.4 billion euros ($1.64 billion), the companies said on Tuesday.

Dalata shareholders will get 6.45 euros in cash per share.

($1 = 0.8558 euros)