Home > Home > Virgin eyes auction for First Choice unit: media

Virgin eyes auction for First Choice unit: media

01/17/2007| 5:02:00 PM| 中文

Virgin group is reportedly eyeing the $967.1 million-$1.16 billion auction for the holiday package business of First Choice Holidays. (1/15/2007)

Virgin group is reportedly eyeing the $967.1 million-$1.16 billion auction for the holiday package business of First Choice Holidays. (1/15/2007)

The development has emerged according to a report by the Daily Telegraph.

“We are looking at it,” a Vodafone spokesman was quoted as saying. Virgin Holidays, an arm of Virgin Atlantic, had clubbed together with a private equity firm, the newspaper said.

Tour operator First Choice Holidays has been in discussion with a number of parties over the sale of its package holiday operation. The company has more than 300 High Street branches.
TAGS: Virgin | First Choice | Daily Telegraph | Vodafone | Virgin Holidays
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