• Accor sells Lucien Barrière stake for Eu268m

Accor has signed an agreement with Fimalac and Groupe Lucien Barrière for the sale of its 49% stake in the latter for Eu268m.

Under the terms of the agreement, Accor will sell a 34% interest in Groupe Lucien Barrière to Fimalac for Eu186m and a 15% interest to Groupe Lucien Barrière for Eu82m. Accor will receive the 2010 dividend on its Groupe Lucien Barrière shares, a total of Eu7.35m.

See the full release here:
http://www.accor.com/en/press.html

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