AccorHotels Enters Strategic Partnership with sbe Entertainment Group
AccorHotels and sbe Entertainment Group (sbe) have signed a Letter of Intent and entered into exclusive negotiations for AccorHotels to acquire a 50 per cent stake in sbe. The transaction is subject to regulatory approvals. It should be completed by July 31, 2018. AccorHotels will acquire the 50 per cent of sbe's common equity held in part by Cain International for $125 million USD. Sam … Read More about AccorHotels Enters Strategic Partnership with sbe Entertainment Group