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Accor enters into exclusive negotiations on the sale of a 10.8% interest in Ennismore, the fastest growing lifestyle hospitality company

After the launch of Ennismore, a new joint venture between Accor (which holds a majority shareholding) & Sharan Pasricha in October 2021 as the world’s leading lifestyle hospitality company, Accor today announces it is entering into exclusive negotiations to sell a 10.8% stake in Ennismore to a Qatari consortium for a total amount of €185 million, to include €20 million of Shari’a compliant financing by Qatar First Bank LLC (Public) to the Qatari consortium’s investment vehicle.
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Qatar Central Securities Depository Company (QCSD) Announces The Completion Of Registering The Rights Of Qatar First Bank

<p><span>Qatar Central Securities Depository Company (QCSD) announces the completion of registering the Rights of Qatar First Bank.</span></p>
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