The time & date in Clark, Philippines is

Beauwal AG withdraws offer for Mimosa Leisure Estate

PHILIPPINES – Beauwal AG withdrew its plans to acquire Mimosa Leisure Estate (MLE), a hotel resort operator. Originally, in February ####, Clark Development Corp announced it was seeking a buyer for its MLE.

Acquirer:	Beauwal AG
Acquirer Business Discription:	Real estate development firm
Acquirer SIC Code:	6552 – Land subdividers and developers, except cemeteries
Target Name:	Mimosa Leisure Estate
Target Business Description:	Own,op resort hotels
Target Ultimate Parent:	Philippines
Target SIC Code:	7011 – Hotels and motels
Please Note:	Target Financials are not included in this report. Transaction Statistics are not included in this report.
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Format:	PDF

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