French financial firm, Fimalac, is seeking to buy a 49% stake in French casinos group, Lucien Barrière, Financial Times reports. The parent company of Fitch Ratings is looking to buy the stake from French hotel company, Accor.
The financial details of the transaction were not disclosed. Accor shelved an initial public offering for the Lucien Barrière stake in September last year due to lack of interest from investors.
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