:
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.
Brookfield ponders consortium to conclude Center Parcs sale
Reading Time: 2 minutesUK: Canadian private equity firm Brookfield, which owns Center Parcs, is believed to be trying to build a consortium from the remaining bidders to secure a sale of the holiday resort chain following a lengthy offer and negotiation process.
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.
Center Parcs put up for £4-5bn sale by Brookfield
Reading Time: 2 minutesUK: Holiday village company Center Parcs has been put up for sale by Canadian private equity group Brookfield for a figure between £4 billion and £5 billion, people familiar with the matter told The Financial Times.
Center Parcs backtracks on plans to close for Queen’s funeral
Reading Time: 2 minutesUK: Holiday village company Center Parcs has made a U-turn on its request to guests to vacate its sites on the day of the Queen’s funeral [Monday 19 September].