The owner of holiday companies Haven and Butlins is reported to be readying a bid for Newcastle-based holiday park firm Parkdean Resorts.
It has been widely reported that Parkdean Resorts has been put up for sale by Canadian investment group Onex, which bought the firm for £1.35bn in 2016.
Now reports have emerged that Bourne Leisure - which combines Haven holiday parks, Butlins and Warner Leisure hotels - is working with its American private equity owners Blackstone on a bid for Parkdean Resorts.