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Mon 07 Jul 2009Jurys Inns go on expansion trail with £60m fund
JURYS INNS Group has shrugged off the credit squeeze and subdued conditions in the hotels sector by announcing a £60 million (€70 million) fundraising and a major expansion plan for the UK and mainland Europe.
The fundraising completed last week was sourced from Jurys Inns’ existing owners Quinlan Private and the Oman Investment Fund as well as from the group’s existing bankers.
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