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Accor Weighs Ennismore IPO by Q3, Retaining 51% Stake
FeaturedfinanceSkift··1 min·For: Owner, Investor

Accor Weighs Ennismore IPO by Q3, Retaining 51% Stake

Accor will decide on an initial public offering for its lifestyle division, Ennismore, by the third quarter. The hotel group confirmed it will maintain a majority ownership of at least 51% in the brand.

Key Takeaways

  1. 1Accor sets Q3 deadline to decide on Ennismore IPO
  2. 2Group promises to retain at least a 51% majority stake
  3. 3Move aims to capitalize on lifestyle hospitality growth

Read original source →

Source: Skift

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