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Italy's Unipol considering selling hotels for 1 billion euro - Il Sole 24 Ore
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Italy's Unipol considering selling hotels for 1 billion euro - Il Sole 24 Ore
Feb 10, 2025 11:05 PM

ROME, Feb 11 (Reuters) - Italian insurance group Unipol

is considering selling its hotels chain Una Hotels,

expecting to raise about 1 billion euros ($1.03 billion) from

the deal, Il Sole 24 Ore daily reported on Tuesday.

Unipol has picked Goldman Sachs as an adviser to sound out

market interest in the potential sale, which would be conducted

through selected invitations, the paper said.

Non-binding expressions of interest are expected in the

coming days, and BlackRock ( BLK ), Starwood Capital and Sixth Street

are expected to be among the invited bidders, according to the

newspaper.

($1 = 0.9701 euros)

(Writing by Francesca Piscioneri, editing by Alvise Armellini)

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