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Deals Rumor Mill: EQT, EEW, Chesapeake Lodging

By Benjamin Horney (January 28, 2016, 5:08 PM EST) -- Swedish private equity group EQT Partners AB is closing in on an agreement to buy Swiss travel services company Kuoni Reisen Holding AG after being selected as the preferred candidate for a takeover by Kuoni's board of directors, Bloomberg reported on Thursday. No price tag was reported, though reports from earlier this month said a deal between the duo was nigh and could be worth about $1.1 billion. Other competing bidders included BC Partners, Permira Advisers and Partners Group AG....

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