Center Parcs shareholders agree Forest Bidco's offer

18 April 2006
Center Parcs shareholders agree Forest Bidco's offer

Forest Bidco's acquisition of Center Parcs has been agreed by the leisure group's shareholders.

At the court meeting and extraordinary general meeting, held on 18 April, more than 75% of shareholders votes were needed in favour of the buyout.

Forest Bidco, formed under the direction of The Blackstone Group, will pay 80p in cash per Center Parc share.

The court hearing is scheduled for 10 May with the de-listing of Center Parcs shares expected on 15 May. The scheme will be effective as of 12 May.

By Alix Young

Get your copy of Caterer and Hotelkeeper every week -

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking