M&A
confidence high
sentiment neutral
materiality 0.70
Choice Hotels' Radisson purchase: combined financials filed; Radisson lost $51.9M in 2021
CHOICE HOTELS INTERNATIONAL INC /DE
- Consideration paid at closing was approximately $673.2 million for Radisson Americas.
- Radisson 2021 revenue $197.1M, net loss $51.9M; 2020 revenue $155.4M, net loss $173.0M.
- Total assets $753.9M, total liabilities $381.5M as of December 31, 2021.
- Amendment provides audited combined financials for 2021 and 2020 and unaudited pro forma condensed combined information.