Accor scraps sale of stake in Lucien Barriere

09/30/2010 | Bloomberg

Accor, the largest hotel group in Europe, decided against selling its 49% holding in Groupe Lucien Barriere. The decision contributed to a drop in Accor's stock price. Accor is still keen to divest "this nonstrategic holding," but the share sale was not well received by investors.

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