>>> NH Hoteles shareholders BlackRock and THS increase stakes

NH Hoteles shareholders BlackRock and THS increase stakes

NH Hoteles shareholders BlackRock and Taube Hodson Stonex (THS) have increased their stakes in the company, a report in the Spanish business daily Expansion said. The report cited unnamed market sources.

According to the report, BlackRock has increased its stake from 5.62% to 9%, while THS is understood to have taken its stake from 3.89% to over 5%.

NH Hoteles lost EUR 18.53m in 2013 and EUR 292m in 2012, the item noted.

Source Expansion