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Constellation Agrees to Purchase Maybourne Hotel Stake

Qatar’s Constellation Hotels Group agreed to buy a 64 percent stake in the company that owns London’s Claridges hotel from billionaire brothers David and Frederick Barclay, according to a statement.

The deal ends a four-year battle for control of Coroin, the luxury hotel group that also includes The Berkeley and The Connaught, also in the U.K. capital. The remainder of the group is owned by Irish businessman Paddy McKillen, who fought the Barclays in court over their holdings in the company.