Eagle Hills wins conditional approval in Croatia for Sunčani Hvar deal
( February 13, 2025, 08:50 GMT | Official Statement) -- MLex Summary: Real-estate developer Eagle Hills has won approval from the Croatian antitrust authority to acquire a direct controlling interest over hotel operator Sunčani Hvar. To receive clearance, the buyer agreed to invest a minimum of 20 million euros in the target over the next five years, especially with regard to two hotels on the island of Hvar. The agency found that the remedies remove anticompetitive effects in the hospitality sector, including in accommodation and catering in hotels in Split-Dalmatia county.Statement follows. ...
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