Companies

parques-reunidos

EQT puts Parques Reunidos up for sale for over 1.7 billion euros

The Swedish private equity firm EQT has hired JPMorgan to proceed with the sale of Parques Reunidos, the Spanish group that controls, among others, the Parque de Atracciones de Madrid and Parque Warner. The transaction is valued at around 1.7 billion euros, as revealed by the newspaper Expansión. EQT holds a 52% stake in Parques Reunidos, Corporación Financiera Alba (the March family) owns 25%, and GBL holds 23%. Parques Reunidos…

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Acciona energia guapa

Only EQT remains in the bidding for Acciona Energía.

Investment managers KKR and BlackRock have reportedly dropped out of negotiations to acquire a significant stake in Acciona Energía (ANE). KKR apparently declined to proceed with the deal after acquiring Electricité de France’s North American renewables business for $4.2 billion. Meanwhile, BlackRock—which was participating through GIP—withdrew from the bidding after failing to meet the asking price set by the Entrecanales family: over €8 billion, an amount similar to the company’s…