Brief: Accor Signs Binding Agreement To Sell Stake In Essendi

Accor SA

24/07/2026 07:06

July 24 (Reuters) - Accor SA ACCP.PA:
TO SELL ITS STAKE IN ESSENDI
THE TRANSACTION IS EXPECTED TO BE FINALISED IN THE FOURTH QUARTER OF 2026
DISPOSAL TO A CONSORTIUM COMPRISED OF BLACKSTONE AND COLONY IM FOR UP TO AROUND €975 MLN
DEAL INCLUDES ABOUT €675 MLN TO BE RECEIVED UPON CLOSING OF THE TRANSACTION AND AN EARN-OUT OF UP TO €300 MLN
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