Accor real estate arm in talks for French government-backed loan - media
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PARIS (Reuters) - AccorInvest, the real estate arm of French hotel group Accor , is in talks with several banks over a 400 to 500 million euro ($544 million) government-guaranteed loan, according to BFM Business."Negotiations are well under way and should reach an outcome in the coming weeks", the TV channel said on its website, quoting multiple sources.In return for the loan, banks will ask AccorInvest to commit to rebalancing its accounts by the end of the year via a capital increase to be..