Search This Blog

Monday, May 20, 2019

Goldman Sachs in talks to buy B&B hotels from PAI for EUR1.9B

The merchant banking division of Goldman Sachs is in talks to buy B&B Hotels, a chain of 500 budget hotels, from private equity firm PAI Partners, The Financial Times’ Philip Georgiadis reports, adding that the deal could be worth EUR1.9B. The transaction is expected to close in the second half of this year, subject to regulatory approval and employee consultations, according to the report.
https://thefly.com/landingPageNews.php?id=2911283

No comments:

Post a Comment