Cascade Agrees to Acquire Controlling Stake in Four Seasons

Cascade Agrees To Acquire Controlling Stake In Four Seasons
Cascade Agrees to Acquire Controlling Stake in Four Seasons

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Cascade Investment has agreed to increase its share in Four Seasons Hotels and Resorts from 47.5 percent to a controlling 71.25 percent, the hotel company announced.

Cascade Investment has agreed to increase its share in Four Seasons Hotels and Resorts from 47.5 percent to a controlling 71.25 percent, the hotel company announced. Cascade has agreed to pay $2.21 billion to Kingdom Holding Co. to increase its share, placing Four Seasons at a $10 billion enterprise valuation, according to the company. Kingdom Holding Co. will retain a 23.75 percent share of the hotel company.

BTN Business Travel News always has the latest news and the best of journalism. Read here the full story:

Business Travel News Cascade Agrees to Acquire Controlling Stake in Four Seasons


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International Travel, Business, And Marketing Expert Lassi Pensikkala

International Travel, Business, and Marketing Expert Lassi Pensikkala


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By MSc(Econ) Lassi Pensikkala - International Travel and Business Expert

Lassi Pensikkala is the creator of AmerExperience.com. He writes regularly providing thought leadership on topics related to Travel, Golf, Business, Health, and Lifestyle. You can follow him on Twitter @amerexperience or connect on Linkedin. You can read his travel and golf news in Google News, and business and travel magazines on Flipboard @amerexperience Expertise: International Travel And Business Expert Creator of AmerExperience.com - Education: Studied International Business in Business School of Turku Finland, and Economy, Psychology and Sociology at the University of Hamburg graduated as MSc(Econ) - Language skills: Multilingual - English, German, Spanish, Swedish and Finnish - Life philosophy: 1959 and the 60’s were the golden times of Rock’n Roll, student movements, and first flight to moon. The nordic people were free to travel in the Scandinavian countries including Finland. No passports or travel documents were needed. The freedom still today is the most important for the Scandinavians from that epoch. Freedom is to travel, learn to know new countries and other languages, and meet different people and cultures. He wishes the new generations would have the same possibilities experiencing all that what makes you feel free, and building a strong personality. -

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