Wednesday, August 12, 2009

Blackstone denies Hilton split rumours

Hilton's private equity owner, the Blackstone Group, has denied rumours that the hotel giant is to be broken up in a bid to realise its value.
A spokesman for Blackstone said the plans, reported last week in the Independent, were "categorically untrue". However, speculation remains rife as to how the private equity firm can claw back its lost value ahead of its repayment deadlines in three or four years.

Read more:
http://www.caterersearch.com/Articles/2009/08/12/329180/blackstone-denies-hilton-split-rumours.html

0 comments:

Post a Comment