Accor signs deal to sell 30.7% Essendi stake to Blackstone-Colony IM consortium for up to EUR 975 million

Bitget2026/10/22 15:50

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Accor signed a definitive agreement on July 23, 2026, to sell its approximately 30.7% Essendi stake to Blackstone and Colony IM.
The sale could fetch approximately EUR 975 million, including approximately EUR 675 million at closing.
An earn-out could add up to EUR 300 million.
Closing is expected in the fourth quarter, subject to regulatory and competition approvals.
A planned EUR 500 million additional share buyback would return most sale proceeds to shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Accor SA published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Accor signs deal to sell 30.7% Essendi stake to Blackstone-Colony IM consortium for up to EUR 975 million

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