Transactions - SEPTEMBER 13, 2017

Cindat Capital in talks to acquire U.K. hospitality company

by Andrea Waitrovich

China-based Cindat Capital Management is in talks to form a 50-50 joint venture with U.K.-based Aprirose to acquire QHotels Group for $660 million, according to media outlets.

The sellers are Aprirose’s private equity partners Bain Capital Credit and Canyon Partners.

QHotels has a portfolio of 26 hotel properties across the United Kingdom.

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