Barceló to repurchase Crestline
Barceló podría recomprar Crestline
Intel ID : 244525
| Synopsis |
|
Group Barceló, a Spain-based hotel chain, could repurchase the US-based hotel management company, Crestline Hotels & Resorts, reported Expansión on 20 January of 2017, citing company sources. In 2013 Barceló sold 60% of the company to ARC fund and now repurchase the same stake to control the company. Currently Crestline manages more than 100 active in United States that will go to the portfolio controlled by Barceló. With this operation, the hotel chain will consolidate its presence in the country.
(content in spanish)
Grupo Barceló, cadena hotelera española, podría recomprar la gestora hotelera estadounidense Crestline Hotels & Resorts, según ha informado Expansión el 20 de enero de 2017, citando a fuentes de la empresa. En 2013 Barceló vendió del 60% de la compañía al fondo ARC y ahora recomprará esa participación para controlar la totalidad de la empresa. Actualmente Crestline gestiona más de 100 activos en Estados Unidos que pasarán a la cartera controlada por Barceló. Con esta operación, el grupo hotelero consolidará su presencia en el país. |
|
||||
| Intel ID | 244525 | |
| Value | ND | |
| Native Currency | Euro (EUR) | |
| Date |
 |
|
| Country | |
|
| Region | ||
| Continent |  |
|
| Geography | |
|
| Subsector (Old TTR Sectors) |
|
|
| Type |
|
|
| Intel Grade |
|
|
| Source |
|
|
| Tags | |
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
10.01.02 Consulting & Professional Development Services 10 Business Services / 10.01 Business & Professional Support Services |
||
| Country |
|
||
| Description |
|
Target
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Country |
|
||
| Website |
|
||
| Description |
|
Mergers & Acquisitions
| Date | Target | Country | Buyer | Seller | VALUE (EURm) | Subsector | |||
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.