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'Substantial number of bids' received for sale of hotel group

28/07/2006 - 18:03:27
Great Southern Hotels says a substantial number of bids have been received for the proposed sale of the group by Dublin Airport Authority.

The deadline for receipt of tenders expired earlier today.

A spokesman says a decision is expected to take five weeks.

It's understood Irish and international bidders have expressed an interest in the eight-strong chain of hotels valued at a €170m.

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