Accor in Talks for Takeover of Events Organizer Potel & Chabot
Photo Caption: An exceptional soiree in Paris in 2011 managed by Potel & Chabot, an events specialist. Source: Potel & Chabot.
Skift Take
This minor move will make Accor the single shareholder in an events specialist it had jointly owned. Several of Accor's recent moves feel like watching a homeowner fix up a house to make it easier to sell at a future date.
Accor, the Paris-based hotel giant, said Friday it had begun "exclusive" talks with Andera Partners and partner investors to take a 63% stake in Potel & Chabot Group, an events specialist. Until now, Accor had a minority shareholding.
Accor didn't disclose the price or deal terms. But it said it planned to close the transaction within a few months. Pre-pan
