Carlyle eyeing B&B budget hotel chain sale | reuters.com
U.S. private equity giant Carlyle (CG.O) has mandated Morgan Stanley to look into the sale or the stock market listing of its budget hotel chain B&B Hotel Group in the Autumn, French daily Les Echos reported on Friday. Carlyle controls 80 percent of B&B Hotel Group, an operator of over 300 hotels across Europe, along with Montefiore Investment, which has a 15 percent stake. B&B Hotel Group managers hold the remaining 5 percent.
