Theme Park Operator Parques Reunidos Gets $703 Million Takeover Approach
Photo Credit: Kids on a ride at Kennywood. Parques Reunidos operators more than 60 parks across the world. Parques Reunidos
Skift Take
With two of the company’s minority shareholders on board, this bid looks like it’s got a good chance of succeeding. But will any of Parques Reunidos’ rivals fancy getting involved with their own bids?
Swedish private equity firm EQT is leading a takeover bid for Parques Reunidos, the Madrid-based attractions operator.
Piolin Bidco, which is made up of EQT as well as Miles Capital and Alba, is offering $15.6 (€14) a share, for 55.79 percent of the
