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Brief: Accor Signs MoU With Blackstone Consortium On Sale Of Stake In Essendi For Max. EUR 975 Mln

April 1 (Reuters) - Accor SA ACCP.PA:

SIGNS MOU REGARDING SALE OF STAKE IN ESSENDI

MOU CONCERNING THE SALE OF ACCOR’S 30.56% STAKE IN ESSENDI (FORMERLY ACCORINVEST)

SALE OF ENTIRE STAKE TO A CONSORTIUM OF BLACKSTONE AND COLONY IM FOR TOTAL OF UP TO €975 MILLION

TO IMMEDIATELY LAUNCH FIRST TRANCHE OF €225 MILLION UNDER SHARE BUYBACK PROGRAMME FOR 2026 FINANCIAL YEAR, ANNOUNCED ON 19 FEB 2026

TRANSACTION EXPECTED TO TAKE PLACE DURING Q3

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Further company coverage: ACCP.PA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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