Seller Dubai International Capital LLC kept a 20% stake in thecompany.

Now that the transaction has closed, Merlin will operate itsmore than 50 attractions and four hotels through a new divisionalstructure that includes resort theme parks and the midwayattractions. Chief executive Nick Varney will oversee both sectors.Under the new order, Gardaland, Alton Towers, Thorpe Park, HeidePark and Chessington World of Adventures will all be a part of theresort theme parks; while Madame Tussauds, Sea Life, London Eye,Dungeons, Warwick Castle, Legoland Discovery Centre, EarthExplorer; and Legoland Parks will be part of the midwayattractions.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

National
Retail