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AccorHotels 57.8% sale of AccorInvest unit to bring in €4.6bn

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Paris-based AccorHotels has sold 57.8% of its AccorInvest unit to sovereign funds Public Investment Fund and GIC, institutions Colony NorthStar, Crédit Agricole Assurances and Amundi in a transaction bringing gross proceeds of €4.6bn. PIF is (...)

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Keywords : AccorHotels, AirBnB, Amundi, Colony NorthStar, Crédit Agricole Assurances, GIC, John Ozinga, Mövenpick Hotels, Public Investment Fund, Sébastien Bazin

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