William Fry LLP is pleased to have acted, alongside leading Norwegian law firm Thommessen, for DNB Bank ASA as lender to Pandox in respect of the €1.4bn offer for Dalata Hotel Group plc announced this week.

Dalata is a leading hotel operator known for its Clayton and Maldron hotel brands and operates a portfolio of 56 hotels across Ireland, the UK and continental Europe.

The offer, which is subject to shareholder and regulatory approvals, would represent a significant cross-border acquisition in the European hospitality sector and underscores continued investor interest in high-quality hotel assets across key urban markets.

The William Fry team was led by Banking Partner Ciarán Herlihy and Senior Associate Ann Faherty and supported by Corporate Partners Ronan Shanahan and Mark Quealy.