Accor signs definitive deal to sell 31% Essendi stake for up to EUR 975 million

Reuters2026/07/24 09:14

By:Reuters

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Accor signed a definitive agreement to sell its roughly 30.7% stake in Essendi (formerly AccorInvest) to a Blackstone–Colony IM consortium.
Deal value could reach EUR 975 million, including EUR 675 million payable at closing plus an earn-out of up to EUR 300 million.
Closing is expected in Q4 2026, subject to customary competition and regulatory clearances.
Essendi’s portfolio is set to shift toward franchise contracts, with hotels remaining under Accor brands and new agreements averaging 20 years.
Most proceeds are earmarked for shareholders via an additional EUR 500 million share buyback program once the deal closes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Accor SA published the original content used to generate this news brief on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Accor signs definitive deal to sell 31% Essendi stake for up to EUR 975 million

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