After months of speculation and “no comments”, Amadeus has broken its silence and said today it is considering offloading European online travel agency Opodo.
In a statement released today to the Madrid Stock Exchange, Amadeus says it is responding to “many rumours” in the Spanish and foreign media about a potential sale of Opodo.
The board of directors has “not made any such decision” at this stage, the statement says.
However, the company confirms that it is “exploring and evaluating strategic alternatives” for Opodo and has hired an investment bank (believed to be JP Morgan) to act as an advisor.
Read the full story at: http://www.tnooz.com/2010/10/13/news/amadeus-finally-confirms-opodo-is-up-for-sale/
