MBI International

MBI International News & Press: 23/08/2002

AFX Press, Tokyo - ANA to sell Vienna hotel to JJW Group for€ 80 million - report

All Nippon Airways Co Ltd ANA sold the Grand Hotel Wien to the JJW group of Saudi Arabia for an estimated 80 million €, the Nihon Keizai Shimbun reported AFX Press, without citing sources.

The two sides are expected to make the deal official today, it said.

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MBI & Partners UK Limited

Mohamed Bin Issa Al Jaber is the founder, Chairman & CEO of MBI International, a group of companies with an asset value in excess of USD 9 billion which operates across Europe, the Middle East and the United States. Over the past twenty five years, MBI Al Jaber's businesses have grown into major international concerns.

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MBI & Partners U.K. Limited
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