Odigeo owners eyeing Madrid share sale for travel group: FT
Private equity firms Permira and Ardian are considering listing shares in online travel group Odigeo in Madrid this year, the Financial Times reported on Tuesday, citing sources with knowledge of the matter.
Plans for an initial public offering (IPO) of Europe's biggest online travel firm, which operates under the brands Opodo, GO Voyages, eDreams and Travellink, are at an early stage, the Financial Times said.
It added that the IPO was expected to value the company at about 1.5 billion euros, including debt, and that it could happen as early as April.
Permira and Ardian, formerly known as Axa Private Equity, declined to comment.
Read full story at: http://www.reuters.com/article/2014/01/14/us-odigeo-ipo-idUSBREA0D19U20140114