DIC loses control of Travelodge
Goldman Sachs and two US hedge funds have won control of UK hotel chain Travelodge after agreeing to write off £235 million of debt and inject £75 million of new equity.
14 January 2013•2 mins read
Goldman Sachs and two US hedge funds have won control of UK hotel chain Travelodge after agreeing to write off £235 million of debt and inject £75 million of new equity.