Cendant to Buy London Travel Firms
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Cendant Corp., the world&#39;s largest hotel franchisor, said Thursday it agreed to acquire London-based Gullivers Travel Associates and Octopus Travel Group Ltd.
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Cendant Corp., the world&#39;s largest hotel franchiser, agreed to buy Internet travel agency Orbitz Inc. for $1.25 billion, becoming the second-biggest competitor in the online travel market.
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Cinven and BC Partners, managers of two of Europe's largest buyout funds, bid on Wednesday to acquire Amadeus Global Travel Distribution.
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Travelocity takes off as its parent gets bought out.
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Amadeus Global Travel Distribution SA has agreed to be bought by two British private investment funds for about 4.34 billion euros (&#36;5.74 billion), the company's main shareholders said Wednesday in a filing with market regulators.
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Cendant, the American travel group that owns car rental shops Avis and Budget, is close to acquiring online travel agency Orbitz.com in a deal said to be worth more than $1 billion.
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Charterhouse Capital Partners LLP, a London-based buyout firm, agreed to buy UK vacation and insurance company Saga Ltd. for 1.35 billion pounds ($2.
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The acquisition of privately held Gullivers, a wholesaler of hotels, travel packages and group tours, also includes online travel seller OctopusTravel.
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The world largest casino operator, Las Vegas-based Harrah's, agrees to buy London Clubs International for Â£279m.
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Cendant Corp. said Thursday it has agreed to acquire Gullivers Travel Associates and Octopus Travel Group Ltd. of Britain for about &#36;1.1 billion in cash.
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By DAVID KOENIG  DALLAS - Sabre Holdings Corp., parent of the online travel-booking service Travelocity.com and a leading distributor of airline reservations, said Tuesday it is being acquired by private-equity groups for about $4.5 billion.
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Travel and hospitality company Cendant Corp. today announced plans to acquire online travel vendor Orbitz.com for approximately $1.25 billion.
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Source says travel and real estate giant is close to reaching agreement to acquire travel Web site. PHILADELPHIA  - Travel and real estate company Cendant Corp.
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eBookers, one of Europe&#39;s leading travel website is up for grabs. Cendant, the world&#39;s largest travel group, is expected to announce a deal to buy the internet travel site at $145 mn or more.
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Orbitz Inc., the Internet travel agency that is being bought by Cendant Corp., Wednesday posted a 30 percent jump in third-quarter profit, aided by a surge in hotel business.
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Travel and real estate heavyweight Cendant Corp. (CD.N: Quote, Profile, Research) said on Wednesday it will buy travel Web site Orbitz Inc.
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LONDON/DUESSELDORF, Germany  - German-owned Thomas Cook is to buy British package holiday rival MyTravel , the companies said on Monday, creating a travel company worth about 2.8 billion pounds ($5.5 billion).