NEW YORK Danubius Hotels, the Hungarian hotel chain, is reported to have increased its stake in the Czech spa hotel company, Lecebne Lazne Marianske Lazne to 90.06%. Danubius recently boosted its stake to 64.98% following a buyout offer to minority stakeholders. Danubius is believed to have purchased a 22% stake from the Czech Privatisation Fund, as well as a further 3.08% stake from minority shareholders, at a price 30% lower than for earlier shares. (12/22/00) SOURCE: HVS International
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