Sun Communities agreed to sell its UK assets, including Park Holidays, to Aermont Capital-affiliated funds for 768 million pounds, or about $1.03 billion, in an all-cash transaction. The deal is a significant monetization of non-core assets and should strengthen liquidity and sharpen the company’s focus on its core portfolio.
Sun Communities agreed to sell its UK assets, including Park Holidays, to Aermont Capital-affiliated funds for 768 million pounds, or about $1.03 billion, in an all-cash transaction. The deal is a significant monetization of non-core assets and should strengthen liquidity and sharpen the company’s focus on its core portfolio.
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