Dublin-based equity firm to sell majority stake in luxury yacht maker

Dublin-based private equity house FL Partners looks set to sell its majority stake in British luxury yacht maker, Sunseeker as part of a £300m (€353m) takeover deal.

Sunseeker — which has been making boats at its Poole headquarters since the late 1970s — is in sale talks with Dalian Wanda, a Chinese conglomerate with interests in property, hotels, tourism, and entertainment.

The Chinese firm, via last year’s $2.6bn (€1.96bn) takeover of US company, AMC, is also the world’s largest cinema owner.