Rumors of Téléverbier Takeover: Stay Informed and Subscribe for Exclusive Analysis

2024-02-11 12:51:38

Published on February 11, 2024 at 1:51 p.m. / Modified on February 11, 2024 at 1:59 p.m.

It is an anonymous letter which plunges the people of Valais in the resorts into uncertainty. Dated January 20 and sent to wealthy chalet owners in Verbier, it announced a takeover of Téléverbier which could happen “in the very short term”. Sunday Morning got it and reported on it this weekend. The aim of the letter is to call on those who “believe that Téléverbier must remain in local hands to participate in a rescue”.

Christian Burrus, who with his family holds more than 30% of the capital of Téléverbier, assures the Sunday newspaper that he has no ongoing discussions with Vail Resorts or anyone else to sell his shares. But this Colorado giant, which bought the Crans-Montana ski lifts a few months ago, after buying those in Andermatt in 2022, is making no secret of its desire for expansion. And the rumor continues to grow in Verbier.

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#purchase #CransMontana #lifts #ambitions #Vail #Resorts #worrying #Verbier

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