Eurazeo launches into budget hotels

Eurazeo, the Paris-quoted private equity group, signalled today that it is attempting to capture a major slice of the French budget hotel market with two deals.

Yesterday it bought Financière Galaxie, France's third largest budget hotel chain, from Duke Street Capital.

WSJ Logo
110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink