MANDARIN ORIENTAL DL-,05

Mandarin Oriental was delisted from several trading venues following the completion of the takeover by Jardine Matheson. Jardine acquired the remaining 11.96% of the shares and implemented the transaction through a scheme of arrangement under the Bermuda Companies Act via its subsidiary Jardine Strategic; listings in London, Singapore and Bermuda were ended. » Altro su de.investing.com

Shareholders of Mandarin Oriental voted in favor of the recommended cash takeover by Jardine Strategic (a subsidiary of Jardine Matheson). At the meetings, independent shareholders supported the court meeting with 95.83% approval, and 99.98% of votes at the EGM were cast in favor of the constitutional amendment. Jardine Matheson intends to acquire the remaining 11.96% of the shares and already holds around 88% of the capital; the transaction will proceed as a scheme of arrangement under Bermuda law and remains subject to conditions, including the expected sale of OCB by 31 December 2025 and court confirmation. » Altro su de.investing.com

Mandarin Oriental posted a steady adjusted net profit in the third quarter of 2025 and a slight EBITDA improvement, driven by rising RevPAR in most regions, particularly the Middle East and the Americas. The company announced three new management contracts, including a golf resort in Dubai, a luxury hotel in Seoul and an urban resort in Xian. As part of its asset‑light strategy, Mandarin Oriental sold property stakes (including in Munich) and disposed of parts of One Causeway Bay to Alibaba; Jardine Matheson has made an offer to acquire the remaining 12%. The group reports a strong liquidity position with committed credit lines of USD 470m and cash reserves of USD 316m, and plans to open in Vienna in Q4 2025. » Altro su de.investing.com