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PAI Partners, TPG to jointly bid for Parkdean: Sky News

PAI Partners and TPG are working on a joint offer for Parkdean Resorts, which has been among the beneficiaries of Britain's staycations boom, Sky News reported.

PAI Partners and TPG are working on a joint offer for Parkdean Resorts, which has been among the beneficiaries of Britain’s staycations boom, Sky News reported. Apollo Global Management, which recently emerged as a contender, is said to have dropped out of the process. UK-based Parkdean, an owner and operator of caravan holiday parks, was acquired by Onex in 2017 for about $1.7 billion.

Source: Sky News