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CP Holdings raises stake in Danubius Hotels

Danubius Hotels majority owner, UK-based CP Holdings, has raised its direct and indirect stake in the hotel company from 75.6% to 79.2%, with the purchase of 2,285 shares at a price of HUF 3,800 per share by CP Holdings' chairman Bernard Schreier on the Budapest Stock Exchange on May 29, Danubius Hotels said on the bourse's home page on Wednesday.

CP Holdings raised its stake in Danubius Hotels over the 75% threshold in Q2. (MTI-ECONEWS)