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An announcement from Hotels de Paris ( (FR:HDP) ) is now available.
Hotels de Paris is undergoing a judicial recovery process, with an observation period expected to conclude by April 2025. The Paris Economic Activities Court’s Judicial Administrator has initiated a call for tenders for the adoption of sale plans, receiving 171 offers. A hearing is anticipated for March 2025 to decide on the continuation of the observation period. The company is exploring options to repay its debts, including hotel sales and financial partnerships, while remaining committed to maintaining operations and safeguarding stakeholder interests.
More about Hotels de Paris
YTD Price Performance: 8.62%
Average Trading Volume: 1,258
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €9.97M
See more insights into HDP stock on TipRanks’ Stock Analysis page.