Americans close to selling Penha Longa resort to the owners of Louis Vuitton

The Carlyle Group, a US private equity fund, is close to finalising the sale of the Penha Longa Resort, one of Sintra's most emblematic luxury resorts, Bloomberg reports. According to the agency, Carlyle is in negotiations with L Catterton, an investment vehicle backed by the French luxury group LVMH, which ...