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EU court upholds veto of Booking’s €1.63bn ETraveli deal
Reading Time: < 1 minuteEurope: Booking Holdings has lost its legal challenge against the European Commission’s decision to block its proposed €1.63 billion acquisition of flight booking company ETraveli Group.
Brookfield reportedly scraps £4bn-plus Center Parcs sale
Reading Time: 2 minutesUK: Canadian private equity firm Brookfield has scrapped plans to sell holiday village chain Center Parcs in a £4 billion-plus transaction due to high interest rates and inflation.
Race to acquire Center Parcs heats up before offer deadline
Reading Time: 2 minutesUK / Ireland: The race to acquire holiday village chain Center Parcs and its UK & Ireland sites is heating up as new bidders prepare to submit indicative offers ahead of an initial deadline on Tuesday [20 June].
CVC set to enter bidding to acquire Center Parcs
Reading Time: < 1 minuteUK: Private equity firm CVC Capital Partners is set to enter the bidding to buy holiday village company Center Parcs and its UK & Ireland sites, less than a month after the business was put up for sale by Canadian private equity group Brookfield for a figure between £4 billion and £5 billion.