Opodo comes under the hammer
has long been known that the online travel agency Amadeus "Opodo" will repel. Now seems the time has come. According to a report
be in today's Financial Times Germany, the investment houses Permira and Axa Private Equity on Tuesday an offer of 500 million euros.
Opodo will then be as soon as possible with the providers of e-Dreams in Spain and merged Go Voyages in France, and thus is the largest online provider formed with a turnover of approximately € 2.5 billion. Besides the two mentioned companies are also the owner of the English travel agencies Orizonia, the U.S. private equity firm Carlyle and the largest competitor on European soil, Expedia, be interested in a takeover. Comments were received from the parties do not.
entered the online business at Opodo Amadeus was in April 2003 with a takeover of 16.7% of the shares of the founding companies Aer Lingus, Air France, Alitalia, Austrian Airlines, British Airways, Finnair, Iberia, KLM and Lufthansa for the price of 49 million €. They had put Opodo 2003 in response to the ambitions of Expedia and Travelocity in Europe founded by foot.
blazes here on something that we will keep definitely in mind. to take with the current activities related to American Airlines Direct Connect and Orbitz / Expedia, the efforts of Google, the software company ITA and the joint project of BCD and Cheap Tickets is, increasing the dynamic theme.
Adrian Matt TravelMate brain
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