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NEWS
Parques Reunidos linked to SeaWorld sale
POSTED 11 Oct 2017 . BY Tom Anstey
Parques Reunidos could be about to make a big splash in the attractions industry after fresh reports linked the Spanish operator with a potential takeover of SeaWorld.

Following reports last week that Merlin Entertainments was also interested in a deal for the company – something Merlin has since denied – Bloomberg cited “people familiar with the matter” who suggest that Parques Reunidos, which operates more than 60 visitor attractions worldwide, is considering a bid.

At this stage it is unclear as to whether the deal would be a full or partial takeover, with Parques Reunidos reported to be considering a “combination” with SeaWorld.

SeaWorld shares rose 3.6 per cent on Tuesday (10 October), giving the company a market value estimated at US$1.3bn (€1.1bn, £986m). Parques Reunidos, by comparison, is worth about US$1.25bn (€1.05bn, £948m).

In addition to its SeaWorld attractions, SeaWorld Parks and Entertainment also owns two Busch Gardens theme parks in Williamsburg and Tampa, the Sesame Place attraction near Philadelphia, five waterparks across the US and Discovery Cove in Orlando. It is developing an orca-free theme park in Abu Dhabi and a second Sesame Place theme park at a location yet to be confirmed.

SeaWorld has seen its share value drop 25 per cent in 2017 as CEO Joel Manby tries to turn around the company’s public image in the wake of the ongoing backlash from the 2013 documentary Blackfish, where it was alleged to be mistreating its orcas.

Attractions Management has has contacted both Parques Reunidos and SeaWorld for comment.
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AM2.jobs - Attractions Jobs & News
Attractions Management Magazine


CLICK HERE TO READ THE LATEST ISSUE ONLINE
 

Jobs . News . Products . Magazine  
Post your job online   Free sign up   Contact us
NEWS
Parques Reunidos linked to SeaWorld sale
POSTED 11 Oct 2017 . BY Tom Anstey
Parques Reunidos could be about to make a big splash in the attractions industry after fresh reports linked the Spanish operator with a potential takeover of SeaWorld.

Following reports last week that Merlin Entertainments was also interested in a deal for the company – something Merlin has since denied – Bloomberg cited “people familiar with the matter” who suggest that Parques Reunidos, which operates more than 60 visitor attractions worldwide, is considering a bid.

At this stage it is unclear as to whether the deal would be a full or partial takeover, with Parques Reunidos reported to be considering a “combination” with SeaWorld.

SeaWorld shares rose 3.6 per cent on Tuesday (10 October), giving the company a market value estimated at US$1.3bn (€1.1bn, £986m). Parques Reunidos, by comparison, is worth about US$1.25bn (€1.05bn, £948m).

In addition to its SeaWorld attractions, SeaWorld Parks and Entertainment also owns two Busch Gardens theme parks in Williamsburg and Tampa, the Sesame Place attraction near Philadelphia, five waterparks across the US and Discovery Cove in Orlando. It is developing an orca-free theme park in Abu Dhabi and a second Sesame Place theme park at a location yet to be confirmed.

SeaWorld has seen its share value drop 25 per cent in 2017 as CEO Joel Manby tries to turn around the company’s public image in the wake of the ongoing backlash from the 2013 documentary Blackfish, where it was alleged to be mistreating its orcas.

Attractions Management has has contacted both Parques Reunidos and SeaWorld for comment.
MORE NEWS
MVRDV win competition for Shanghai Future Park showcasing nature, culture and entertainment
Dutch architects MVRDV are have announced a large-scale leisure project in Shanghai that will see the firm meld nature, culture and entertainment in a huge public park.
Adjaye Associates collaborate with former spy chiefs to design New York museum dedicated to espionage
Adjaye Associates have revealed their design for a new spy museum and interactive experience in the heart of New York, which is set to open this December.
IAAPA supporting Give Kids the World at 2017 expo
Give Kids the World Village – a cost-free resort for children with life threatening illnesses – will enter its 22nd year in partnership with IAAPA at the organisation’s annual expo, with a number of initiatives and events lined up for this year’s show.
Merlin planning global rollout for Bear Grylls attractions, says Varney
After announcing its intention to develop a Bear Grylls attraction in the UK, Merlin CEO Nick Varney has revealed further plans for the adventure survivalist, with plans to take the concept overseas in a major attraction rollout.
More news>
LATEST JOBS
Chef Manager
Marwell Wildlife
Salary: Competitive
Location: Winchester, United Kingdom
National Manager - Programmes and Events
The Wildfowl and Wetlands Trust
Salary: Up to £30,000 pa
Location: Slimbridge, United Kingdom
Operations Manager
The National Museum of the Royal Navy
Salary: £26,000 - £31,000
Location: Portsmouth, United Kingdom
Executive Assistant
Legoland
Salary: Competitive
Location: Carlsbad, CA, United States
Retail Director
Legoland
Salary: Competitive
Location: Carlsbad, CA, United States
Duty Manager
Madame Tussauds
Salary: Competitive
Location: Hollywood, Los Angeles, CA, United States



 
 
ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2017

ABOUT LEISURE MEDIA
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NEWS
Parques Reunidos linked to SeaWorld sale
POSTED 11 Oct 2017 . BY Tom Anstey
Parques Reunidos could be about to make a big splash in the attractions industry after fresh reports linked the Spanish operator with a potential takeover of SeaWorld.

Following reports last week that Merlin Entertainments was also interested in a deal for the company – something Merlin has since denied – Bloomberg cited “people familiar with the matter” who suggest that Parques Reunidos, which operates more than 60 visitor attractions worldwide, is considering a bid.

At this stage it is unclear as to whether the deal would be a full or partial takeover, with Parques Reunidos reported to be considering a “combination” with SeaWorld.

SeaWorld shares rose 3.6 per cent on Tuesday (10 October), giving the company a market value estimated at US$1.3bn (€1.1bn, £986m). Parques Reunidos, by comparison, is worth about US$1.25bn (€1.05bn, £948m).

In addition to its SeaWorld attractions, SeaWorld Parks and Entertainment also owns two Busch Gardens theme parks in Williamsburg and Tampa, the Sesame Place attraction near Philadelphia, five waterparks across the US and Discovery Cove in Orlando. It is developing an orca-free theme park in Abu Dhabi and a second Sesame Place theme park at a location yet to be confirmed.

SeaWorld has seen its share value drop 25 per cent in 2017 as CEO Joel Manby tries to turn around the company’s public image in the wake of the ongoing backlash from the 2013 documentary Blackfish, where it was alleged to be mistreating its orcas.

Attractions Management has has contacted both Parques Reunidos and SeaWorld for comment.
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2017

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS