Millitoons Entertainment acquires US based Kirksville Hospitality Inc.

Capital Market 

Through its US based subsidiary

Millitoons Entertainment announced that its wholly owned subsidiary in USA 'Mient Hospitality LLC' has acquired 100% stake in Kirksville Hospitality Inc. which runs a hotel under the franchise of well established brand Holiday Inn. The total cost of acquisition is USD 4.83 million. Kirksville Hospitality Inc. has recorded a gross revenue of USD 1.96 million in the last fiscal.

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First Published: Tue, September 12 2017. 11:15 IST