Belmond Attracts Interest From Hilton, Blackstone, KKR |

KSL Capital Partners LLC, Blackstone Group LP, KKR Co., Ashkenazy Acquisition Corp., Hyatt Hotels Corp. and Hilton Worldwide Holdings Inc. are among parties weighing an offer for all or part of the company, said some of the people, who asked not to be identified because the information is private. First-round offers for Belmond are due later this month, the people said.

    Belmond, with a market value of $1.8 billion, said in August that it’s working with Goldman Sachs Group Inc. and JPMorgan Chase Co. to evaluate a sale. Its shares have since soared more than 60 percent to their highest level since 2008 and rose to a session high Tuesday afternoon after Bloomberg reported on some of the company’s prospective suitors.

    Read the full article at

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Translate This Page ยป