easyHotel plc (AIM:EZH) agreed to acquire Ibis Palais des Congres, Nice on July 31, 2019. easyhotel is going to invest €11.7 million to rebrand and acquire the site. The acquisition is expected to complete in October, 2019. David Anderson of Investec Bank plc acted as a financial advisor to easyHotel plc. easyHotel plc completed the acquisition of ibis Nice Palais Des Congres Vieux Nice Hotel on October 1, 2019.