Atlas Venture acquires Majestic Hotel
A British Virgin Islands-based company Atlas Venture is acquiring the remaining shares of the Majestic Hotel which are still owned by minority shareholders.
Currently, the Atlas Venture company is already the owner of 96.17% of the Majestic Hotel, but it does not have the entire set of Majestic Hotel shares. Atlas Venture has informed minor shareholders about the intention to buy up all the remaining shares of this 4-star hotel.
The price for the acquisition of the remaining shares is the same as stated in the takeover bid for the purchase of the majority stake, which is CSD 26,220 per share.
Majestic Hotel surrounded with various historical and cultural monuments, art galleries and museums is located in the business centre of Belgrade (Serbia, Central Europe), 10 kilometers away from the airport. It was built in 1936, and, besides 6 suites, 26 double rooms and 46 single rooms, it contains a restaurant with national and international cuisine, a café with discreet piano music, an aperitif bar, a conference hall, a pastry shop, a hairdresser, shops, a garden, a garage and rent-a-car.