World Leisure Jobs - Saudi prince in Euro Disney cash talks...
31 Oct 2014 World leisure: news, training & property
 
 
HOME
JOBS
NEWS
FEATURES
BLOG
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

24 Oct 2003

Saudi prince in Euro Disney cash talks



Saudi billionaire Prince Al-Walid bin Talal bin Abdul Aziz is in talks with Euro Disney, in which he is a major shareholder and which expects its losses to deepen this year, his spokesman told Agence France Presse (AFP).

“We’re in talks right now,” Amjad Shacker told AFP. “Obviously, the company is not doing as well as expected, so the talks would have to be about how it would improve.”

But Shacker declined to say if the Saudi tycoon was considering a rescue plan for the operator of Disneyland Paris, insisting it would be “premature to jump to conclusions.”

“We’re not commenting on the talks,” he told AFP, when pressed to say whether Prince Al-Walid, who bailed out Euro Disney in exchange for a 24 per cent stake in 1994, would pump more funds into the company or was trying to broker a deal with creditor banks.

The prince has reduced his stake in Euro Disney to 17 per cent within the past two years “as part of the deal with had with them,” Shacker told AFP.


Connect with
World Leisure
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Crowdfunding campaign underway to restore Walt Disney's childhood home
Crowdfunding campaign underway to restore Walt Disney's childhood home   31 Oct 2014

Plans to restore the childhood home of Walt Disney have been revealed with the start of a fundraising campaign running until Disney’s 113th birthday .... more>>
Koran theme park proposed by Malaysian MP
Koran theme park proposed by Malaysian MP   31 Oct 2014

A Malaysian MP has proposed the country develop the world’s first ever Koran theme park, in an effort to draw more religious .... more>>
Microsoft makes long-awaited wearable tech debut
Microsoft makes long-awaited wearable tech debut   31 Oct 2014

Just weeks after being the subject of intense speculation over its entry to the wearable tech market, Microsoft has duly proven that there’s no smoke .... more>>
Consumers no longer expect spa and wellness solely in the spa department of hotels: study - out today
Consumers no longer expect spa and wellness solely in the spa department of hotels: study - out today   31 Oct 2014

Hotels are expected to start taking advantage of consumer desire for unique experiences centred around wellness because customers are no longer .... more>>
Company profile


Alliance Leisure Services

Facility Development and Client Support.

View full profile>>

Catalogue gallery


Featured Supplier

VIP Breakfast: Digital innovation for health clubs

VIP Breakfast: Digital innovation for health clubs

Does your health club take advantage of digital innovation? Join us for presentations and peer discussions to learn how hospitality and retail brands should embrace digital to engage their consumers. More>>




in this issue

• PHE launches framework to tackle inactivity
• Fitness First plans German sale
• Luxury yachyt hotel debuts in Victoria Docks



World Leisure jobs




Spa Director
Salary: £Competitive
Location: St Albans AL1, United Kingdom
Company: Sopwell House
Football Coach
Salary: -
Location: Lincoln Park, New Jersey, United States
Company: The Sports Factory
Fitness First Middle East
Location: Middle East
Company: Premier Training International Ltd
Tennis Coach/Instructor
Salary: £1,600-£1,800 / month TAX FREE
Location: Kingdom of Saudi Arabia, Saudi Arabia
Company: MH Barghash
Diary dates
Powered by leisurediary.com




31 Oct - 01 Nov 2014

Spa and Wellness International Congress

Borodino Hotel, Moscow , Russia


03-07 Nov 2014

National Spa Awareness Week (NSAW)

Various, United Kingdom



Leisure Management magazine 2014 issue 4
Leisure Management
2014 issue 4

View issue contents
View on turning pages
Download PDF
  Attractions: The art of collaboration
Dreamworks and Merlin tell us about the new Shrek-themed attractions More>>
  Wellness Cities: Active Design
Could adopting a different approach to city design help make residents healthier? Jacqueline Bennett reports More>>


Leisure Management magazine 2014 issue 3

Leisure Management
2014 issue 3

View issue contents
View turning pages
Download PDF
  Health: Bidding for the obesity buck
We take a look at who’s bidding to solve the obesity crisis More>>
  Interview: Val Kempadoo
The politician turned social entrepreneur on his plan to create a sustainable future for the Caribbean More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd