The U.S. company that owns Motel 6 and other brands was sold to an India-based company for $525 million. Oravel Stays, the parent company of travel technology firm OYO International, bought G6 ...

Collegium will pay $525m in cash to acquire outstanding shares of Ironshore. Following the transaction, Collegium will gain ...

With the demise of the CLS and the GT 4-Door Coupe on its deathbed, Mercedes will soon leave the ICE-powered executive coupe business sedan for good. There won't be a brand-new CLS, as the three ...

The owners of the landmarked Mobil Building at 150 E. 42nd St. didn't pay off a massive CMBS loan tied to the building when it matured earlier this month. The 10-year, interest-only securitized ...

The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India. Blackstone, which owns Motel 6's parent company G6 Hospitality, announced Friday ...

One of India’s largest startups, budget hotel company Oyo, has reached a deal to acquire G6 Hospitality, which operates Motel 6. Oyo says it will pay Blackstone Real Estate $525 million in an ...

The budget motel chain Motel 6—which operates 10 hotels in the Indianapolis area—is being acquired by the parent company of Oyo, a hotel operator based in India. The New York-based investment ...

Pfizer is looking to follow its vaccine/oral antiviral combination that has proved so profitable in COVID-19 with a similar approach in respiratory syncytial virus (RSV). The drugmaker is in the ...

Calendar year 2024 marks the end of the line (at least in the U.S.) for Nissan’s long-in-the-tooth GT-R supercar. So what’s next for Godzilla? Nissan won’t say, but in the meantime ...

The Independent's Electric Cars Channel is sponsored by E.ON Next: driving the UK's EV and renewable energy revolution The Audi e-tron GT is an achingly pretty car. Low-slung, muscular and refined ...