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French Accor agrees to sell 55% stake in hotel investment unit for €4.4bn

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Giant Paris-based AccorHotels has agreed to sell 55% in its AccorInvest investment unit to institutions including Saudi Arabia's Public Investment Fund, Singapore's GIC, France's Credit Agricole Assurances and Amundi, and Colony NorthStar. (...)

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Keywords : 25hours, AccorHotels, AccorInvest, Adagio, Amundi, Colony NorthStar, Crédit Agricole Assurances, Fairmont, GIC, Grand Mercure, Ibis, Ibis Budget, Ibis Styles, JO&JOE, MGallery by Sofitel, MAMA SHELTER, Mercure, Novotel, ONEFINESTAY, PUBLIC INVESTMENT FUND, Pullman, Raffles, SO Sofitel, Sébastien Bazin, Sofitel, Sofitel Legend, Swissôtel, IBIS BUDGET (GROUPE ACCOR HOTELS), SOFITEL (GROUPE ACCORHOTELS), NOVOTEL (GROUPE ACCORHOTELS)
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