Home > GDS > Travelport IPO: Strong debut, says CEO Gordon Wilson

Travelport IPO: Strong debut, says CEO Gordon Wilson

09/26/2014| 4:30:19 PM| 中文

It was a long time coming, but travel e-commerce platform provider Travelport Worldwide finally had its initial public offering today, at a starting valuation of $1.9 billion.

Investors seemed to like what they saw in its $16 offer price and in the company’s promise to pay dividends.

As of 3pm Eastern, shares in the Atlanta-based company remained 5% higher than its opening bell price, but shares appeared to be being dragged down by a broader selloff in the overall US market.

The Travelport IPO sold all of the shares on offer, raising about $480 million on 30 million shares.

Read more.

TAGS: Travelport | GDS | IPO | Sabre
©2016 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!