AMTD's Successful Completion of Acquisition of The Ritz-Carlton, Perth, Valued at A$280 Million
AMTD Digital Inc. (HKD) announced the successful completion of the acquisition of a 50% interest in The Ritz-Carlton, Perth, through its subsidiary The Generation Essentials Group (TGE). The transaction involved a total consideration of US$72 million (A$100 million) for the 50% stake, with the entire property valued at US$201 million (A$280 million).
Key figures
- Deal Value Usd
- 72000000
- Ownership interest
- 50%
- Property value aud
- 280000000
- Property value usd
- 201000000
- Total hospitality rooms
- nearly 1,000
AI analysis
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