IFLR1000

Inversiones Nacionales de Turismo $218 million acquisition of Inversiones La Rioja

30/10/2017
Public acquisition
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$ 218 million

Announced

30/10/2017

Overview:

  • Inversiones Nacionales de Turismo (Intursa), a member of the Breca Group, has acquired Inversiones La Rioja, a hospitality company, for $218 million.  
  • Inversiones La Rioja owns two JW Marriott hotels and one Courtyard hotel. 

Rani Mehta - Journalist 

Jurisdiction:

Peru

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Real estate

Firms:
Estudio Echecopar member firm of Baker McKenzie International

Party: Inversiones Nacionales de Turismo (Acquirer)

Rebaza Alcázar & De Las Casas

Party: La Rioja (Seller)

Lawyers: Alberto Rebaza, Felipe Boisset

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