Parques Reunidos: Kennywood, Lake Compounce Owner For Sale?

[GADVwow]

Candover Partners Ltd., which shut down its 3 billion-euro ($4 billion) leveraged buyout fund in January, is weighing a sale of Parques Reunidos SA, Europe’s second biggest amusement-park operator, three people with knowledge of the talks said.

The London-based private equity firm is in the process of selecting a bank to help review strategic options for the company, including a sale and an initial public offering, said the people, who declined to be identified because the decision hasn’t been made yet. A sale may value Parques Reunidos at 2 billion euros, they said....

http://www.businessweek.com/news/2010-04-16/candover-said-to-consider-sale-of-spain-s-parques-reunidos.html

In the US, Parques Reunidos holdings include Kennywood, Idlewild, Lake Compounce, Big Kahuna's Waterpark, several Raging Waters, Sandcastle and the Boomers chain...