Iconic Fairmont Le Château Montebello Available for Sale Through Court-Supervised Process [Yahoo! Finance]
ALFA-LAVAL AB UNSP/ADR (ALFVY)
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Source: Yahoo! Finance
advisor to PricewaterhouseCoopers Inc. ("PwC") in its capacity as court-appointed receiver of Millennium Golden Jiachen Hotel Holdings Ltd. and 4345118 Canada Inc., has launched a Sale and Investment Solicitation Process (SISP) for the Fairmont Le Château Montebello, one of Eastern Canada's most iconic luxury resort properties. Located on approximately 925 acres along the Ottawa River in Québec's Papineau region — roughly one hour from Ottawa and 90 minutes from Montréal — the 210-room resort is recognized as the largest log structure in the world. Originally completed in 1930, the Property served as the private retreat of the Seigniory Club for four decades and has hosted world leaders at events including the 1981 G7 Summit. The Property first opened to the public in 1970 following an acquisition by Canadian Pacific Hotels, with the Fairmont banner added in 2000 following Canadian Pacific Hotel's acquisition of Fairmont Hotels Management L.P., merging its portfolio to create Fairmo
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