July 24, 2026 07:27 AM GMT Accor SA | Europe M Update Essendi Disposal and Share Buyback Confirmed Accor has signed a definitive binding agreement to sell its 30.7% stake in Essendi for €975m: This is in-line with its April MOU announcement, though completion has now shifted from Q3 to Q4. The acquirer is a consortium comprised of Blackstone and Colony, and the consideration is €675m on closing and an earn-out of up to €300m, giving a PV of close to the €850m NAV in Accor's balance sheet. As previously stat ...