--U.K. holiday camp chain Butlins is set to be auctioned off next year to cash in on a boom in "staycations" amid the coronavirus pandemic, Sky News reports.
--Blackstone Inc., a private-equity company which controls Butlins owner Bourne Leisure, has asked investment bankers at Rothschild to kick-off the sale, according to Sky News.
--The valuation of Butlins and its three sites isn't clear but bankers and private investors said there would be a "deluge" of interest, Sky News reports.
Full story: https://bit.ly/3ljQacG
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
11-29-21 0202ET