Sky News
Blackstone in exclusive talks to buy £850m Village Hotels chain
Blackstone, the giant private equity investor, is in exclusive talks to buy one of Britain’s biggest mid-market hotel chains. Sky News has learnt that Blackstone has entered a period of exclusivity to acquire Village Hotels, which is being auctioned by bankers at Morgan Stanley. The news comes just days after Sky News revealed that Blackstone had tabled an offer for Village.
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