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TravelRepublic confirms sale to Dnata World Travel

01/05/2012| 10:51:09 AM| 中文

UK-based online travel agency TravelRepublic is heading into the busy January sales on two fronts – heavily discounted products and, more importantly, offloading the business.

UK-based online travel agency TravelRepublic is heading into the busy January sales on two fronts – heavily discounted products and, more importantly, offloading the business.

The company confirmed today that it has been acquired by Dnata World Travel, a Dubai-based subsidiary of the Emirates Group which specialises in cargo, catering, ground handling and agency services.

Terms of the sale have yet to be disclosed, but according to Thomson Reuters is a 100% transfer of shares to Dnata. Further details are to be released shortly.

Read full story at: http://www.tnooz.com/2012/01/02/news/travelrepublic-confirms-sale-to-dnata-world-travel/

TAGS: TravelRepublic | Dnata World Travel | OTA
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