Friday 1 May 2015

Village gossip - Amanda Staveley to pick up multi-million pound fee from Qatar's £1.4 billion Maybourne purchase

It never ceases to amaze me what you can learn from hanging out in hotel lobbies.

I have just picked up that PCP Capital Partners - the corporate finance firm set up by dealmaker Amanda Staveley - is in line for a multi-million pound cash windfall after advising the Qatar-backed Constellation Hotels on the £1.4 billion purchase of Claridges, the Connaught and the Berkeley.

I also understand that the thrust of the Irish Times piece about Paddy McKillen selling his 36 pc stake in Maybourne Group to Constellation Hotels is accurate.

Here is a link to the article:  

http://www.irishtimes.com/business/commercial-property/qatari-group-buys-mckillen-s-stake-in-london-hotels-1.2191190

It's not clear exactly how much Staveley - who has advised gulf-based investors on buying stakes in Barclays and Manchester City Football Club - will earn from advising Constellation Hotels but  typically corporate financiers earn about 0.5pc of the purchase price.  

Qatar Holding, Constellation Hotels and PCP Capital Partners all declined to comment.

1 comment:

  1. I am ROSE SMITH from CANADA a single parent, before my husband died he left us with so much DEBT that we could not cope with life, I was totally confused on what to do. When I was going through the internet I came across a POST by MARCUS CAFE about how Mrs JULIA NAVARO help him to get a loan so I applied for the loan from JULIA NAVARO through her mail (navaroloancompany@yahoo.com) of $200,000 with a duration of 10 years. When I was applying for the loan I made a vow to GOD that if I get the loan I will let the world know what she did for me, to my greatest surprise my loan was granted with
    an interest of 2%. I was able to settle my debt and start up a new life and business with a settled family. So if you want any type of loan for as low as 2% please contact JULIA NAVARO on her mail navaroloancompany@yahoo.com.I just fulfilled my vow.

    ReplyDelete