Eurazeo to Sell B&B Hotels

19th May 2010 (Last Updated May 19th, 2010 18:30)

French financial holding firm Eurazeo is in talks with several investment funds for the sale of its B&B hotels. The budget hotel chain is valued at between €600m and €1bn ($761m to $1.3bn). Eurazeo has received several expressions of interest for funds an

French financial holding firm Eurazeo is in talks with several investment funds for the sale of its B&B hotels.

The budget hotel chain is valued at between €600m and €1bn ($761m to $1.3bn).

Eurazeo has received several expressions of interest for funds and is in the second round of bidding, according to Reuters.