Universal Travel Group, a China-based travel seller trading on the New York Stock Exchange, revealed it will attempt to raise $20 million in a public offering.
With Amadeus IPO plans now public will Travelport try again?
March 24, 2010 By 2 Comments
The bottom line in Amadeus’ announcement yesterday that it will attempt a public offering on the Spanish Stock Exchanges in the first half of the year is this: UK private equity firms BC Partners and Cinven likely will retain control of Amadeus and they will use the proceeds to pay down debt.
Ctrip may go shopping for acquisitions too
March 5, 2010 By 5 Comments
Priceline is putting itself into position to get into acquisition mode, and in China, Ctrip is doing likewise.
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