Colony Capital, AccorHotels’ second largest shareholder (6% stake, 10.4% of the voting rights) following the Chinese Jin Jiang (15% stake) has announced the sale of its entire stake in the company on 31 January. The private equity firm, which entered the hotel group’s capital in 2005, was AccorHotels’ former reference shareholder and had two seats on the Board. It held a concert stake with Eurazeo (4.28% stake, 7.97% of voting rights and two seats on the Board) which entered
08 Feb 2017
Colony Capital fully exits from AccorHotels
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Colony Capital fully exits from AccorHotels
Accor SA (AC:WBO) | 0 0 0.3% | Mkt Cap: 13,333m
- Published:
08 Feb 2017 -
Author:
Bérénice Lacroix -
Pages:
2
Colony Capital, AccorHotels’ second largest shareholder (6% stake, 10.4% of the voting rights) following the Chinese Jin Jiang (15% stake) has announced the sale of its entire stake in the company on 31 January. The private equity firm, which entered the hotel group’s capital in 2005, was AccorHotels’ former reference shareholder and had two seats on the Board. It held a concert stake with Eurazeo (4.28% stake, 7.97% of voting rights and two seats on the Board) which entered