Announced
Financials
Tags
aquarium
Acquisition
Pending
Italy
zoological gardens
Natural
Recreational Services
museums
Private
Private Equity
Single Bidder
Synopsis
Oaktree Capital, a global asset management firm has acquired a 40% stake of Costa Edutainment, an operator of recreational and cultural sites for €40m ($45m) The Company's line of business includes the operation of botanical or zoological gardens and exhibits as well as museums, picture galleries, expositions, archaeological sites, parks, and aquarium. The operation is aimed at ensuring the continuity of the company's development also through the acquisition of new parks and new structures on the national and international territory. The agreement provides for the possibility of further investments.
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