US bank is in exclusive negotiations to buy European budget hotel chain B&B Hotels

Goldman Sachs is in exclusive negotiations to buy B&B Hotels, the European budget hotel chain, from private equity group PAI Partners.

The US bank’s merchant banking division announced the talks on May 20. The financial terms have not been disclosed and any deal will be subject to regulatory approval.

Goldman Sachs to buy hotel chain from PAI Partners

Bérengère Sim

Goldman Sachs

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