The chairman of Pierre & Vacances, Gérard Brémond, indicated that talks were under way to sell off the villages belonging to the Dutch company Gran Dorado, which was acquired in April last year for €101m (FFr660m).
The sale would allow the company to pay back a loan of around €72m (FFr470m).
Les Echos, 26 June 2000, page 30
Le Figaro, 26 June 2000
