Vail Resorts Acquires Majority Stake in Swiss Resort
MTN is entering the European market with the acquisition of a 55% stake in Andermatt-Sedrun Sport AG, one of the largest ski resorts in central Switzerland, for CHF$149 million ($160 mm). The acquisition is expected to close prior to the ’22-’23 ski season. ASA will retain a 40% ownership stake, and a group of existing shareholders will make up the ... Log in to view full article.
