m_and_a
confidence high
sentiment neutral
materiality 0.75
Pursuit Attractions acquires Tabacón Thermal Resort in Costa Rica for $111M cash
Pursuit Attractions & Hospitality, Inc.
- Acquired all shares of Inversiones Turísticas Arenal, S.A., owner/operator of Tabacón Thermal Resort & Spa in Costa Rica.
- Purchase price $111.0M cash, subject to post-closing adjustments for indebtedness, deferred revenue, and working capital.
- Funded via borrowings under its revolving credit facility.
- Includes properties, hotel, and business known as Tabacón Thermal Resort & Spa.
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