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Search results for “Siris Capital”
Travelport receives $500 million in fresh financing from private equity
06/08/2020
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6:00:31 PM
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The fresh investment provides Travelport with the liquidity it needs to manage the sharp downturn in revenue related to a devastated travel industry due to the coronavirus pandemic.
“Shanghai Female Socialites Group Buy” exposé online triggers social media buzz on luxury hotels
10/27/2020
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12:23:24 PM
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5-Star Luxury hotels tagged and their products and services listed for collaborative consumption by social media group “Shanghai Female Socialites”.
WEX cancels plan to purchase eNett and Optal
05/09/2020
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7:13:07 PM
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The three companies believe that WEX had assumed all of these risks when it signed the Purchase Agreement.
Travelport’s CEO ready to look beyond the air segment in China
10/11/2019
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9:43:18 AM
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Recently appointed CEO, Greg Webb, has indicated that Travelport may move into the hospitality space and some of the other components as opposed to focusing only on the airline side going forward.
Travelport brings in ex-Sabre exec Greg Webb to replace CEO Gordon Wilson
07/10/2019
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5:41:00 PM
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Webb joins Travelport following a $4.4 billion deal that took it off the New York Stock Exchange and back to private equity under the auspices of Siris Capital Group and Evergreen Capital.
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.
Travelport’s plans to go private held up by Russian regulators
05/14/2019
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10:08:43 AM
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Travelport’s net revenue saw a 3 percent year-over-year decline to $656.5 million with net income declined 62 percent to $22.3 million.
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.
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