Blackstone-backed marina operator Safe Harbor Marinas is nearing an agreement to acquire US recreational yacht retailer MarineMax in a transaction valued at approximately $1.5bn, according to a report by Reuters.
The report cites unnamed people familiar with the matter as revealing that the potential deal would bring an end to a competitive sale process for MarineMax, which operates 65 marinas and storage facilities alongside about 70 dealerships, primarily across the US. The company serves a pr...
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