• Center Parcs bid rebuffed

Blackstone has rejected a USD2bn offer for its Center Parcs business as being too low. The bid was made by BC Capital Partners and the Canada Pension Fund, reports City AM.

Blackstone plans to either auction or float the business during 2015. It recently hired merchant bank Rothschild to review the strategic options for the business.
Read the full story here:
http://www.cityam.com/1416881767/blackstone-rejects-2bn-offer-center-parcs-it-mulls-flotation
 
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