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Announced

CVC Capital Partners failed to acquire Center Parcs from Brookfield Property Partners for £4bn.

Financials

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Transaction Value£4,000m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Private

Domestic

Private Equity

Single Bidder

Majority

Friendly

Hotels and Motels

United Kingdom

activity holidays

holiday villages

Failed

Synopsis

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CVC Capital Partners, a private equity and investment advisory firm that invests in retail, construction, consumer, and others, failed to acquire Center Parcs, a short-break holiday company which operates five holiday villages in the United Kingdom, from Brookfield Property Partners for £4bn. The owner of Center Parcs has abandoned plans to sell the holiday resort group for more than £4bn, after investors proved unwilling to commit to a big bet on the UK leisure sector at a time of higher interest rates and inflation.

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