 The resort firm runs four centres in the UK |
Holiday company Center Parcs has agreed to a takeover bid from private equity group Blackstone, valuing the firm at �205.4m ($357.3m). Blackstone will pay 80 pence for each Center Parcs share, a 16% premium to Wednesday's closing price.
Center Parcs currently runs four holiday villages in Nottinghamshire, Wiltshire, Suffolk and Cumbria.
Bidder Blackstone has previously invested in leisure operations such as Legoland and Universal Studios.
Center Parcs said it had "a number of material and financial operational constraints" which made accepting the deal a prudent move.
About one-and-a-half million visitors stayed at the four holiday villages last year, which are famed for their pools, jacuzzis and family sports facilities.
They are each set in about 400 acres of forest, with each village holding about 800 villas, apartments and lodges.
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