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Search results for “buyout”
Shiji IT plunges by limit as US forces sale of StayNTouch
03/11/2020
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12:12:59 AM
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Millions of hotels worldwide use StayNTouch's hotel information management system with 60 percent market share in China.
Thomas Cook brand bought by China's Fosun Tourism
11/04/2019
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10:26:07 AM
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Thomas Cook collapsed after an ambitious expansion plan to compete with online travel agencies. Ironically, it is being reported that the relaunched Thomas Cook will be an online-only agency.
Private equity firm Accel-KKR’s latest fix: hotel enterprise software
09/03/2019
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6:38:01 PM
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Combining many services might lead to significant profits years from now when Accel-KKR cashes out. It may want to sell a rollup to a platform giant like Amadeus, Oracle, and Sabre.
Travelport finally goes private this week in $4.4 billion deal
05/30/2019
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4:01:51 PM
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Analysts believe that Travelport should maintain their higher leverage relative to peers to allow them to continue investment behind their platform to maintain share.
Goldman is in talks to buy B&B Hotels for $2.2 billion
05/21/2019
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11:35:43 AM
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B&B Hotels has more than 450 hotels in 10 countries and reported revenue last year of 580 million euros.
HNA Group sets up $2.91 billion buyout fund with China Cinda
03/25/2017
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10:13:27 AM
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HNA Group and China Cinda Asset Management will jointly set up an industry buyout fund worth at least 20 billion yuan (USD 2.91 billion), HNA said in a statement on March 24.
Travelport close to being taken private by activist investor
12/07/2018
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2:28:59 PM
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After Elliott Management had taken a 11.8% percent stake in Travelport, it said it would ask Travelport to consider unlocking the value of its payments unit eNett.
Wyndham nears deal to sell European vacation rentals business to Platinum
02/09/2018
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2:48:03 PM
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The move is meant to allow the separate units to better focus on their specific segments of the lodging sector to generate growth through acquisitions and other strategies.
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