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Multi-billion-pound deal on the horizon: Accor sells its stake in Essendi

Accor is divesting its stake in Essendi and adopting an asset-light model. A consortium of investors led by Blackstone is set to pay up to €975 million. The deal is scheduled to be finalised in the third quarter of 2026.

The French hotel group Accor is pressing ahead with its strategic reorientatio...

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