trending Market Intelligence /marketintelligence/en/news-insights/trending/muh86x_hsmw0m1sahzh4bg2 content esgSubNav
In This List

Mantra Group declares no dividend for H2'17


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Mantra Group declares no dividend for H2'17

Mantra Group Ltd. will not be declaring a dividend for the half year ended Dec. 31, 2017 and could choose to pay shareholders a special dividend of up to 23.5 Australian cents per share, deducted from the headline A$3.96 per-share scheme arrangement signed with AccorHotels.

AccorHotels and Mantra Group entered into a A$1.18 billion binding agreement, with the French hotel group offering in October 2017 to pay A$3.96 per Mantra share in cash for the takeover.

A provisional decision on the proposed buyout by the Australian Competition and Consumer Commission was delayed after the watchdog sought additional information from AccorHotels in January.