Stein Hotels $250 Million to be Bought by Dubai-Controlled KOP Capital

Dubai-controlled KOP buys $250 mln Stein hotels stake
Reuters - USA
SINGAPORE (Reuters) - Singapore-based KOP Capital, controlled by the emirate-owned Dubai Group, will buy a 50 percent stake in European hotel chain Stein Group for $250 million, and spend about the same amount on new hotels in Asia