UK Holiday Camp Chain Butlins Is Set for Sale -Sky News
November 29 2021 - 2:17AM
Dow Jones News
--U.K. holiday camp chain Butlins is set to be auctioned off
next year to cash in on a boom in "staycations" amid the
coronavirus pandemic, Sky News reports.
--Blackstone Inc., a private-equity company which controls
Butlins owner Bourne Leisure, has asked investment bankers at
Rothschild to kick-off the sale, according to Sky News.
--The valuation of Butlins and its three sites isn't clear but
bankers and private investors said there would be a "deluge" of
interest, Sky News reports.
Full story: https://bit.ly/3ljQacG
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
November 29, 2021 02:02 ET (07:02 GMT)
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