World Leisure Jobs - Saudi prince in Euro Disney cash talks...
22 Aug 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
ITC Hotels' Grand Bharat resort to debut in October
ITC Hotels' Grand Bharat resort to debut in October   22 Aug 2014

Indian luxury hotel group ITC Hotels will launch its first five-star leisure retreat in Manesar near .... more>>
Gehry-designed Louis Vuitton foundation opens in Paris this October
Gehry-designed Louis Vuitton foundation opens in Paris this October   22 Aug 2014

Louis Vuitton’s museum project, designed by Frank Ghery of architecture firm Ghery Partners, is .... more>>
Natural & Organic Products Asia show kicks off next week
Natural & Organic Products Asia show kicks off next week   22 Aug 2014

More than 140 exhibitors from 25 countries are expected to attend the Natural & Organic Products Asia trade show at the Hong Kong .... more>>
Whale shark pod becomes popular eco-tourist attraction in the Maldives
Whale shark pod becomes popular eco-tourist attraction in the Maldives   22 Aug 2014

A pod of whale sharks based in the Maldives is proving to be a hugely popular tourist attraction, with the creatures living in one .... more>>
Company profile


EAG International

With over 150 represented manufacturers and lively networking events the show has established itself as the curtain-raiser on the New Year.

View full profile>>

Catalogue gallery


Featured Supplier

Precor’s Discovery Series enhanced with new equipment

Precor’s Discovery Series enhanced with new equipment

As more exercisers are relying on conventional strength training to achieve their fitness goals than ever before, it’s easy to see why strength is such a focus for Precor. More>>




in this issue

• Industry leaders rail at 'irresponsible' exercise claims
• Nuffield eyes further gym buyouts
• Volkswagen: camper van pop-up



World Leisure jobs




General Manager
Salary: up to £45,000 per annum
Location: Leatherhead, United Kingdom
Company: Fusion
Fitness First Middle East
Location: Middle East
Company: Premier Training International Ltd
General Managers
Salary: £25,000 - £35,000 + c20% bonus + optional PT income
Location: Colchester and London Alperton, United Kingdom
Company: The Gym Group
General Manager
Salary: Up to £35,000 per annum
Location: Thornton Heath, United Kingdom
Company: Fusion
Diary dates
Powered by leisurediary.com




22-24 Aug 2014

GTI Asia China Expo 2014

China Import and Export Fair Pazhou Complex, Guangdong Province, China


28-30 Aug 2014

15th Annual IHRSA / Fitness Brasil Latin American Conference & Trade Show

Transamerica Expo Center, Sao Paulo, Brazil



Leisure Management magazine 2014 issue 3
Leisure Management
2014 issue 3

View issue contents
View on turning pages
Download PDF
  Last word: Sheila Johnson
The US Salamander Resort and Spa, owned by film producer Sheila Johnson More>>
  Interview: Val Kempadoo
The politician turned social entrepreneur on his plan to create a sustainable future for the Caribbean More>>


Leisure Management magazine 2014 issue 2

Leisure Management
2014 issue 2

View issue contents
View turning pages
Download PDF
  Last word: Paul Scialla
Katie Barnes talks to founder Paul Scialla about pioneering a whole new way of building More>>
  Snow Sports: A winning run
After Britain's best Winter Olympics for 90 years, Kath Hudson asks how we can drive winter sports participation 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