Oman Hotels receives OMR14m offer for Al Falaj Hotel

12/10/2015 07:57 AST

Oman Hotels and Tourism Company has received a non-binding offer for acquiring the assets and business of Al Falaj Hotel for a consideration of OMR14 million.

The offer is subject to the legal and financial due diligence by the prospective acquirer, the company said in a stock market filing.

The offer will be considered by the board of directors in their next meeting and further disclosure concerning this matter will be made as and when there are developments to report.


Times of Oman

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