Is Natwest set for a deal spree after privatisation? Banking As Natwest finally breaks from the shackles of government ownership, the banking juggernaut may be gearing up for an acquisition spree. The FTSE 100 giant is speculated to return to privatisation in a matter of days after the government accelerated its sell off over the last year. Shares in the firm rose one per cent [...]
Marriott to acquire smart hotel brand CitizenM for £266m hospitality Marriott International will acquire hotel and lifestyle brand CitizenM for £266m as it looks to expand its select-service and lifestyle lodging offerings. CitizenM, which opened its first hotel in 2008, currently operates 36 open hotels – with 8,544 rooms – across more than 20 cities. The brand’s current pipeline includes three under-construction hotels comprising over 600 [...]