Global Trade Alert
Global Trade Alert

Canada: Investment screening authority clears the acquisition of a Canadian hotel chain by Parks Bottom Co Real Estate Holdings

Announcement

29 Feb 2020

In February 2020, the Canadian foreign investment screening authorities approved the acquisition of Fairmont Hotels by Parks Bottom Co Real Estate Holdings. 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

29 Feb 2020

Revocation date:

No revocation date

Updated: 29 Feb 2020
FDI: Entry and ownership rule In force
In February 2020, the government of Canada cleared the acquisition of several luxury hotels, including Fairmont Hotels, by Parks Bottom as part of the foreign direct investment screening procedure und...
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