tradingkey.logo
tradingkey.logo
Search

Accor Signs MoU With Blackstone Consortium On Sale Of Stake In Essendi For Max. EUR 975 Mln

ReutersApr 1, 2026 4:23 PM

- Accor SA ACCP.PA:

  • SIGNS MOU REGARDING SALE OF STAKE IN ESSENDI

  • MOU CONCERNING THE SALE OF ACCOR’S 30.56% STAKE IN ESSENDI (FORMERLY ACCORINVEST)

  • SALE OF ENTIRE STAKE TO A CONSORTIUM OF BLACKSTONE AND COLONY IM FOR TOTAL OF UP TO €975 MILLION

  • TO IMMEDIATELY LAUNCH FIRST TRANCHE OF €225 MILLION UNDER SHARE BUYBACK PROGRAMME FOR 2026 FINANCIAL YEAR, ANNOUNCED ON 19 FEB 2026

  • TRANSACTION EXPECTED TO TAKE PLACE DURING Q3

Source text

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Recommended Articles

Tradingkey
KeyAI