Deal Snapshot
Cascade Investment Affiliate to Acquire Controlling Stake in Four Seasons Hotels and Resorts
Monday 13 September 2021

Canada-based luxury hospitality company Four Seasons Hotels and Resorts' longstanding shareholder, an affiliate of private investment entity Cascade Investment, L.L.C., has entered into a definitive agreement to acquire a controlling interest in the company, the company said.

In the all-cash deal, Cascade will increase its existing 47.5% stake to 71.25% by purchasing half of the existing 47.5% stake owned by an affiliate of its long-term investment partner Kingdom Holding Company for USD 2.21bn, valuing Four Seasons at a USD 10bn enterprise value.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 13/09/2021

Options