AccorHotels to acquire 50% stake in sbe Entertainment Group for USD 319 million

AccorHotels to acquire 50% stake in sbe Entertainment Group for USD 319 million

AccorHotels and sbe Entertainment Group have signed a Letter of Intent and entered into exclusive negotiations for AccorHotels to acquire a 50% stake in sbe. This partnership demonstrates AccorHotels’s strategy to expand its offering in the luxury lifestyle hospitality segment. Accor will acquire the 50% of sbe’s common equity held in part by Cain International for […]

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