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Affinity Is Said to Explore Selling Stake in Plaza Premium Group

Bloomberg Markets
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Affinity Is Said to Explore Selling Stake in Plaza Premium Group

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Affinity Equity Partners is considering selling its stake in airport hospitality firm Plaza Premium Group, people familiar with the situation said.Asia-focused Affinity is working with an adviser and gauging interest from potential investors, including other private equity firms, the people said, asking not to be identified discussing private information. Hong Kong-based Plaza Premium might be valued at about $1 billion in a deal, the people said.

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Source: Bloomberg Markets