DENVER — The company behind the Mont Tremblant and Blue Mountain ski resorts has signed an agreement to be acquired in a friendly deal valued at US$1.5 billion, including debt.Intrawest Resorts Holdings Inc. said Monday that U.S. ski resort company Aspen Skiing Co. and private equity firm KSL Capital Partners have agreed to pay US$23.75 per share in cash.Intrawest CEO Thomas Marano says the offer is a 40 per cent premium over where the company’s shares were before a report in January speculating that it was exploring a potential sale. Intrawest shares closed at US$25.30 on Friday on the New York Stock Exchange.In addition to Tremblant and Blue Mountain, Intrawest has Steamboat and Winter Park in Colorado, Snowshoe in West Virginia and Stratton in Vermont.‘A peak year for travel into Canada’: Hotel sector investments hit $4B as weaker loonie attracts Chinese capitalIt also has an adventure travel business including heli-skiing company Canadian Mountain Holidays and a real estate business.Aspen Skiing Co. owns and operates four mountains: Snowmass, Aspen Mountain, Aspen Highlands and Buttermilk. It also has hotels, retail and rental operations.The transaction is expected to close by the end of the third quarter of this year and is subject to certain closing conditions including regulatory approvals.The Canadian Press
Prince Harry:”I would like to congratulate all of tonight’s #WellChildAwards winners again, well done and thank you for inspiring all of us” pic.twitter.com/OtREorTEF1— Kensington Palace (@KensingtonRoyal) October 3, 2016 Thank you Joshua, aged three, for Prince Harry’s @WellChild bracelet! #WellChildAwards pic.twitter.com/CyRBC5PGzZ— Kensington Palace (@KensingtonRoyal) October 3, 2016 She presented Harry with a drawing of himself and told him her brother was “really embarrassing”.She said: “He then said that Prince William was embarrassing all the time.”As well as hugs and drawings, Harry was presented with a monkey made from two socks by eight-year-old lung disease sufferer Samuel Merrick. The Prince, who is patron of the WellChild charity, was at the event to recognise the courage of children living with serious illness and the medical professionals who care for them.Ollie’s mother Lucy said she was not sure whether he knew who he was hugging, but he was instinctively drawn to Harry, leaving his arms tightly wrapped around his neck for several seconds.She said: “He was thrilled – they both were. He (Harry) is very privileged because Ollie cannot stand up by himself and he used his strength to stand up and hug him.” Before the glittering ceremony, with a guest list including Sir Rod Stewart, the Prince mingled with the winners.He revealed to one girl that his brother, the Duke of Cambridge, was “embarrassing all the time”.Jessica Davis, 10, was receiving the Young Hero award for caring for her mother Paula, who suffers from multiple sclerosis, and her autistic brother, also called William. Prince Harry arrives at the Dorchester in London for the @WellChild awards. Meeting the winners now @LBC pic.twitter.com/nHw75M6HvN— Rachael Venables (@rachaelvenables) October 3, 2016 A young boy whose debilitating medical condition means he is barely able to walk has used his strength to stand up and give Prince Harry a hug.Ollie Carroll, five, suffers from the rare Batten disease, which affects his mobility and will soon lead to the point where his muscles stop working.But when the youngster, from Poynton, Cheshire, met Harry at the WellChild awards – where he was receiving the Inspirational Child award for ages four to six – he stood up to embrace Harry. Prince Harry was at the awards He also had an unusual inquiry from three-year-old Oscar – whose mother Jill Evans was one of the winners of the Special Recognition Award – who asked Harry whether he had “any giraffes in his garden”.Eleven young winners were chosen at the awards from hundreds of nominations, as well as a host of adult recipients. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings.