Blackstone has Bought Center Parcs

Daily MailMarch 10, 2006

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Summary


CENTER Parcs (up 12p at 911/4p) has shaken hands on the Pounds 205m sale of the business to private equity firm Blackstone.

At 80-per-share the offer is a fifth lower than the holiday park operator's 2003 float price, but a 16pc premium to Wednesday's close.

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Blackstone has Bought Center Parcs

Blackstone, owner of The...

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