laquinta

Mega-buyout for Blackstone Hotel Investment

by

October 3, 2013

There were several new billion dollar plus buyouts in the works appearing in the news this week but the largest that we could see is La Quinta Inns and Suites, which is currently owned by PE giant Blackstone, according to Reuters.

 

There are several potential acquirers, both strategic and buyout funds, which would make this a PE to PE transaction. The deal size could end up being USD 4.5 billion, says Reuters.

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