Hilton surges on FTSE

Investors were checking into the hotels sector today after Hilton Group confirmed talks were underway over a multi-billion pound deal.

Hilton surges on FTSE
Fri, 14 Oct, 2005 - 12:20

Investors were checking into the hotels sector today after Hilton Group confirmed talks were underway over a multi-billion pound deal.

More than 77 million Hilton shares changed hands within three hours of trading in London following confirmation that US-based Hilton Hotels Corporation (HHC) was keen on buying the UK company’s international hotels portfolio.

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