Accor Leaves Race for Groupe de Louvre

France's Accor is no longer in the running to buy the hotels of Groupe du Louvre, a unit of U.S. investment group Starwood Capital, Reuters reported Wednesday. Accor's offer, which it made together with Franco-Dutch property group Unibail-Rodamco, "was not retained,” Reuters wrote, quoting an Accor spokeswoman.

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