Zahid Group Becomes Dalata's Biggest Shareholder
Published on Sep 23 2020 11:11 AM in Hotel tagged: Trending Posts / Dalata / Zahid Group Holding
Saudi Arabia's Zahid Group has become Dalata Hotel Group's single biggest shareholder. More Than Doubled It was reported in August that the Zahid family had built up a 4% stake in Dalata worth over...
Saudi Arabia's Zahid Group has become Dalata Hotel Group's single biggest shareholder.
More Than Doubled
It was reported in August that the Zahid family had built up a 4% stake in Dalata worth over €18 million, and, in the past month, Zahid Group's stake in the hotel firm has more than doubled.
8.05%
As reported by The Irish Independent, a stock market filing on September 22 indicated that Zahid Group now controls 8.05% of Dalata, with its stake currently consisting of 17.9 million shares and being valued at €44.7 million.
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