Cendant pays $1bn for Gullivers
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Cendant, the US travel group which owns Cheaptickets.com, continued to blaze an acquisitive trail yesterday with the agreed $1.1bn (Â£570m) purchase of private UK-based holiday wholesaler Gullivers Travel Associates.
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Online travel agency ebookers succumbed to a Â£209m bid from American travel and real estate group Cendant yesterday in a move which will see founder, chairman and chief executive Dinesh Dhamija pocket more than Â£92m.
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SYDNEY: James Hardie Industries yesterday struck a deal to pay US$1.1bil to compensate asbestos-related disease sufferers, boosting the company&#39;s stock as much as 8% as a 14-month row over funding neared its end.
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Australian building products group James Hardie has agreed to pay $1.1bn (Â£568m) to victims of asbestos-related diseases. The landmark deal could see thousands of people suffering from lung diseases - caused
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QANTAS Airways Ltd will pay a $1000 cash bonus to each staff member, after the airline today reported a jump in annual net profit.
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Two leading names in the travel industry were today bought for Â£1.1 billion dollars (Â£563 million) - the second major UK deal by US giant Cendant this month.
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The battle for Warner Chilcott moved to the next round today when the drugs group confirmed an approach that could value it at more than Â£1.
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When Australian property developer Victor Ollis checked his bank account, he couldn't believe his luck. A technical error meant that a total of A$11m (Â£4.5m) had mistakenly poured into his account and he went on a spending spree.
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Shares of Orbitz, an Internet travel agency, surged 26 percent on reports it may be purchased by Cendant for about $1.2 billion. Shares of Orbitz climbed $5.
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HACKENSACK, NJ - With one deal, Cendant Corp. is moving from an also-ran to one of the top players in the booming online travel business.
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US hotels and car-hire firm Cendent is to buy UK internet-based holiday company Ebookers for $404m (Â£201.2m).
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Stephen Richards will pay more than $29 million in restitution as part of an accounting fraud at the company.
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Travel and real estate heavyweight  Cendant Corp. CD.N said on Wednesday it will buy travel Web  site Orbitz Inc. ORBZ.O for about $1.25 billion, making it  the No. 2 online travel agency.
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The government has offered to pay out a minimum of Â£250,000 to the former civil servant at the centre of a computer fiasco that left tens of thousands of farmers without any EU grants last year, it was revealed to MPs last night.
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LONDON (CBS.MW) -- Cendant Corp. (CD) said it&#39;s agreed to buy privately-held Gullivers Travel Associates for $1.1 billion in cash.
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Firms worried by terrorists, animal rights activists and hackers have spent Â£1m on extra security this year, says a survey.
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Business & money: Bob Diamond receives payout despite Â£1.6bn sub-prime hit as bank beats forecasts