• Center Parcs sale

Blackstone, owner of Center Parcs, has canvassed potential candidates to lead an IPO of the GBP2.5bn holiday park business. A dual track process sees the company planning the IPO, while also courting private equity buyers, reports the Times.

If chosen as the preferred option, a float could take place in April or May, with a GBP750m share sale. The Center Parcs business recently opened its fifth holiday village, and has been enjoying 99% occupancy.

 

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