Blackstone in Negotiations to Acquire Village Hotels Chain for £850m

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Private equity giant Blackstone is currently in exclusive talks to acquire Village Hotels, one of Britain’s largest mid-market hotel chains. This news follows an earlier report from Sky News that Blackstone had made an offer for the company. According to sources, Blackstone has entered into a period of exclusivity to purchase Village Hotels, which is being auctioned by Morgan Stanley. The chain…

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