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equity

April 12, 2018

The family-run South African luxury travel group Mantis has sold a 50% stake to Europe’s largest hotelier in a bid to ensure future growth in the competitive global hospitality market.

The family-run South African luxury travel group Mantis has sold a 50% stake to Europe’s largest hotelier in a bid to ensure future growth in the competitive global hospitality market.

The Mantis deal with AccorHotels, for an undisclosed sum, is the latest instance of a major family business financing expansion by releasing significant equity to capital providers, a growing trend revealed in a 2017 Campden Research report.

August 3, 2011

If $212 trillion sounds like a lot of money, that’s because it is. According to management consultant McKinsey, it also represents the total value of equity, debt and bank loans in the world at the start of the year. And it’s a record, up $11 trillion on the $201 trillion recorded a year earlier, and $10 trillion ahead of the previous peak of $210 million during the credit boom.

If $212 trillion sounds like a lot of money, that’s because it is. According to management consultant McKinsey, it also represents the total value of equity, debt and bank loans in the world at the start of the year.

And it’s a record, up $11 trillion on the $201 trillion recorded a year earlier, and $10 trillion ahead of the previous peak of $210 million during the credit boom.

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