• Accor confirms Lucien Barrière sale talks

Accor has confirmed that it is in talks to sell its 49% stake in French casino and luxury hotel operator Lucien Barrière, to financial holding company Fimalac.

The group shelved plans to sell its stake via an IPO in September last year due to lack of investor interest. The proceeds from the sale will be used to cut debt.

See the full release here:
http://www.tradingmarkets.com/news/stock-alert/fmlcf_accor-confirms-talks-to-sell-49-in-casino-group-lucien-barriere-1411552.html

Share →