Oaktree Capital to acquire 40% of Costa Edutainment for $45m.

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.