Sabre confirms Lastminute review, says OTA perfectly positioned for growth
Sabre says it is exploring ‘strategic options’ for Lastminute.com following more than a week of speculation that the UK-based business was up for sale.
An announced from the global distribution giant says the review includes a potential sale and confirms that investment bank Houlihan Lokey has been retained to advise on options.
In a statement Sabre’s chief executive Tom Klein says lastminute is now:
“perfectly positioned to unlock its full growth and profitability potential.”