Home / Reuters: Company News / RPT-UPDATE 1-France's Accor to buy half of Sam Nazarian's SBE in $319 mln deal

RPT-UPDATE 1-France's Accor to buy half of Sam Nazarian's SBE in $319 mln deal

June 29, 2018 Reuters: Company News

PARIS, June 29 (Reuters) - AccorHotels, Europe's biggest hotels group, has agreed to buy a 50 percent stake in hotelier Sam Nazarian's upmarket SBE Entertainment Group, in a deal that will see Accor making a total investment of $319 million in SBE.

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