The open sale process of the 35% shareholding of Hömlur ehf., a subsidiary of Landsbankinn, in Keahótel ehf., has ended without the conclusion of a sale agreement.
Landsbankinn acquired a 35% share in the hotel franchise following financial restructuring of the company in 2020. The sale process was initiated in November 2023 and negotiations with the highest bidder followed. The parties did not arrive at an understanding and the sale process is thus ended without success.
Despite the conclusion of the open sale process, the Bank’s holding remains for sale. Interested parties are invited to contact Landsbankinn Corporate Finance by email to fyrirtaekjaradgjof@landsbankinn.is.
Further information about the Bank’s assets held for sale are available on the Bank’s website.
