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

Synopsis

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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