Travel Daily | Accor sells stake

ACCOR has agreed to sell its 49% stake in French firm Groupe Lucien Barriere to Fimalac and Groupe Lucien Barriere for €268 million (AU$361m), following the cancellation of an Initial Public Offering in Sep last year.

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The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 17 Jan 11
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