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Compagnie des Alpes sells stake in Groupe Looping; announces agreement with MacEarth


Thursday, 10 Apr 2014 12:16pm EDT 

Compagnie des Alpes SA:Says it has sold 30 pct stake in Groupe Looping to HIG Capital France for 9.7 million euros.Announces agreement with Japanese company MacEarth, which runs 28 ski resorts, 24 resort complexes and two golf courses.Signs five-year contract to provide services to MacEarth.Acquires 2.5 pct stake in MacEarth.To work together with MacEarth on developing its resorts. 

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