This content is from:APP亚博娱乐
Blackstone To Pay £575M For Mint Hotels
Blackstone is planning to complete the acquisition of U.K. hotels group Mint.
Blackstoneis planning to complete the acquisition of U.K. hotels groupMint,Property Weekreports. The private equity firm will pay a total of around £575 million for the acquisition.
Realstar Group,Host Hotels & Resorts,Morgan Stanley Real Estate FundandWestmont Hospitality Groupare some of the other bidders for the portfolio, owned by the Orr family. The owner had appointedJP Morganto conduct a strategic review of the business last year.
Click here for the story fromProperty Week.
Click here for additional coverage fromBloomberg.