Amadeus To Sell Opodo To AXA, Permira For Around EUR500 Million
09 Février 2011 - 6:52PM
Dow Jones News
Spain's Amadeus IT Holdings SA (AMS.MC) said Wednesday it has
agreed to sell online travel unit Opodo to buyout firms Permira and
Axa Private Equity for about EUR500 million.
Amadeus said in a filing with regulators that the transaction
includes commercial agreements under which Amadeus will provide
travel technology services for websites Opodo, eDreams and
GoVoyages during a 10-year period.
-Madrid Bureau, Dow Jones Newswires; (34) 91 395 8120;
djmadrid@dowjones.com
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