TITLE

Stella's great leap

AUTHOR(S)
Caroll, David
PUB. DATE
April 2007
SOURCE
Travel Weekly Australia;4/27/2007, Issue 45, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of the Queensland-based funds management company MFS Ltd. to sell its ownership in Australia. Analysts reported that majority of interested potential partners are equity players. The potential partner is expected to pay up to $1 billion, in which half of the amount will be attributed to the MFS's subsidiary Stella Hospitality Group that has generated a $2.1 billion in gross assets for the expansion of the group and for debt payment.
ACCESSION #
25061203

 

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