Holiday village group, Center Parcs looks set to change hands for £2.4bn from US private equity giant, Blackstone to Canadian investment firm, Brookfield.
The deal is expected to be confirmed this week following a number of bids from other major private equity firms such as CVC and KSL Capital Partners.
Center Parcs operates five holiday resorts in the UK, including sites in Wiltshire, Bedfordshire (Woburn site pictured), and Cumbria. The company reported pre-tax earnings of £147m last year, up from £140m in the previous year.
Brookfield, which is an investor in London's Centre Point, recently took joint control of Canary Wharf. in a £2.6bn deal.