Center Parcs UK put up for sale ‘with £5bn price tag’

Asking price of at least £4 billion for UK entity of company

Center Parcs has been put up for sale by its Canadian owner with a bid of up to £5bn expected for the UK resort chain, according to reports.

Canadian private equity group Brookfield bought the business for around £2.4bn eight years ago and is said to be expecting to raise between £4bn and £5bn in the sale.

There are six holiday locations under the UK and Ireland banner which operate independently of Center Parcs in Europe and elsewhere.

…visit Independent to read full story

Image Credit: Longleat Center Parcs

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