Accor: In Exclusive Talks To Sell Lenotre To Sodexo For EUR75 Million
21 Julio 2011 - 11:28AM
Noticias Dow Jones
French hotel group Accor SA (AC.FR) Thursday said it has entered
exclusive talks with catering company Sodexo SA (SW.FR) about the
sale of its upmarket caterer Lenotre at an enterprise value of
EUR75 million.
The sale will require approval from antitrust authorities, Accor
said. There will also be a consultation process with workers.
Accor announced its intention to sell Lenotre in April.
-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1758;
inti.landauro@dowjones.com
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