Spain's Parques Reunidos attracts four private equity bids

October 21, 2015 5:44 PM

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MADRID Oct 21 Four investment firms have submitted indicative bids for Spanish theme park operator Parques Reunidos, in a deal which could realise a 2 billion euro ($2.27 billion) exit for private equity owner Arle Capital, two sources familiar with the matter said on Wednesday.

London-based Advent and Apax have both bid for the Madrid-based company, as have U.S. funds Carlyle and KSL Capital Partners, which specialises in the hospitality industry.

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