Accor completed the acquisition of Le Lido from Sodexo for €75m.

Synopsis

Accor, a hospitality company, completed the acquisition of Le Lido, a cabaret and burlesque show, from Sodexo, a food services and facilities management company, for €75m.

Principals

target

Le Lido

bidder

Accor

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Market Context

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Bidder Team (1)

sebastien bazin

Chairman and CEO at ACCOR SA

Manager

bidder

Deals

£ 2.25 B

Total Value

Vendor Team (3)

xavier norlain

Partner at Shearman & Sterling

Lawyer

vendor

Deals

£ 2.24 B

Total Value

denis machuel

CEO at SODEXO SA

Manager

vendor

Deals

£ 240 M

Total Value

laurent asquin

Counsel at Shearman & Sterling

Lawyer

vendor

Deals

£ 1.90 B

Total Value

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