Hyatt Concludes Initial Tender with 82.8% Playa Participation; Subsequent Offer Open Through June 16

(IN SHORT) Hyatt Hotels Corporation confirmed that 101.9 million Playa Hotels & Resorts shares (82.8% of the outstanding total) were validly tendered by the June 9, 2025 deadline, together with Hyatt’s existing 12.1 million shares bringing total participation to 92.7%, thus meeting all conditions for its $13.50-per-share tender offer (≈$2.6 billion). The subsequent offer period… Read the full news article