• Village bids in
Bidders including Blackstone, Starwood Capital and KSL are on the shortlist to buy De Vere’s Village hotel chain. The highest bid received was for GBP470m, while those in the running have all offered GBP450m or more, reports the London Times.

Currently, the Village chain is expected to deliver earnings of around GBP36m, though there are also three further hotels under construction in Scotland. Bids could be trimmed, based on the provision of more detailed financial information.
 
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