EQT to Sell Parques Reunidos Stake
Swedish private equity firm EQT has hired JPMorgan to prepare the sale of its controlling stake in Spanish theme park operator Parques Reunidos. The stake in the European park manager is valued at approximately 1.7 billion euros according to reports.
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EQT AB is preparing to sell its 51% stake in Spain's Parques Reunidos for €1.7 billion, according to reports on Friday morning. The Swedish private equity firm has appointed JPMORGAN CHASE & CO to manage the exit. The portfolio company operates dozens of leisure sites across Europe, including Madrid's Parque Warner.
