Assets
+ Cascade Investment
History
2021: Purchase of 23.8% stake in Four Seasons Hotels and Resorts
On September 8, 2021, the sale of a 23.8% stake in Four Seasons Hotels and Resorts to Bill Gates' investment company Cascade Investment for $2.21 billion was announced. The latter as a result of this transaction increased its share in the hotel chain to 71.3%. The entire business of the hotel operator is estimated at $10 billion. More details here.
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |