Lloyds set to sell Mint hotels for £550m | telegraph.co.uk

Mint, the recently rebranded city centre hotel chain, is close to being put up for sale by Lloyds Banking Group and the Orr family with a price tag of around £550m. An information memorandum for prospective buyers is expected to be issued over the next few weeks after the joint-owners appointed investment bank JP Morgan Cazenove to handle the sale. Mint, which was founded as City Inn in 1995 and was only rebranded in November, is one of a...