After the many Universal and PortAventura rumours shared early this year, some of which released by us, there was a huge boost with many people talking about it but not much evidence.
Today, one of the biggest Spanish journals shared exclusive information in an article, announcing that PortAventura has been put on sale for 1.000 million euros, or one billion.
The PortAventura World Resort consists of 2 theme parks, one water park, 6 hotels and a convention centre for events. All this is currently owned by two companies, KKR, an American investment company, and InvestIndustrial, Italian, which also operates the theme parks and hotels.
We still don’t know how these news tie in with Universal’s plans (which are still to be to confirmed) but it has been reported that they will entrust JP Morgan with the sale process, as they are also the ones who helped with the refinancing.
Comcast’s NBCUniversal has an event planned for this week, where Chairman and Chief Executive Officer of Universal Destinations and Experiences Mark Woodbury will participate in an Investors Conference. It’s unsure if anything relating to the Spanish resort will be brought up, but we will be listening in just in case.
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