Reuters
Spanish stock market regulator CNMV on Monday suspended the trading of shares in NH Hotel Group SA pending information from the company, just as its Thailand-based parent company offered to buy NH stocks in the market. The regulator said the suspension was a "precautionary measure" taken "while relevant information on the aforementioned entity is disseminated". Minor International, which already owns a 94% stake in NH, said in a separate statement issued after the CNMV's announcement it would buy outstanding shares on the Madrid stock exchange for a 30-day period at a price no higher than 4.50 euros ($4.97) per share.