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Articles tagged “mergers and acquisitions”

News Blog

Choice Hotels Claims Wyndham Merger Would Have ‘Clear Path to Completion’

Choice Hotels on Wednesday called on Wyndham Hotels & Resorts to return to merger talks while publicly responding to concerns Wyndham executives had raised about "execution risk" — including questions about regulatory scrutiny. Meanwhile, Wyndham issued a statement saying its board of directors remains confident that its "standalone growth prospects offer superior, risk-adjusted returns. It…

Sean O'Neill | 1 month ago

Hotels

Choice-Wyndham: Debt? Private Equity? Other Bidders? What Comes Next

If an alternative asset investor like Blackstone gets interested, things could get even more interesting. Same if European hotel giant IHG made a bid of its own.

Sean O'Neill | 1 month ago

Choice-Wyndham: Debt? Private Equity? Other Bidders? What Comes Next

Hotels

Choice-Wyndham Faces Long Odds. The Skift Travel 200 May Reveal Choice’s Thinking

The market is skeptical that Choice's hostile takeover bid for Wyndham will be successful. The Skift Travel 200 sheds light on the hotel sector and the thinking behind this offer.

Seth Borko | 1 month ago

Choice-Wyndham Faces Long Odds. The Skift Travel 200 May Reveal Choice’s Thinking

Travel Technology

Mews Buys Hotel AI Startup. Plus: 3 Other Travel Tech Acquisitions

Mews completed one of at least four travel tech acquisitions this month.

Justin Dawes | 1 month ago

Mews Buys Hotel AI Startup. Plus: 3 Other Travel Tech Acquisitions

Hotels

Choice’s Hostile Bid for Wyndham: 6-Month Timeline

Choice is confident it can sell its offer to Wyndham shareholders without the opinion of Wyndham executives.

Dawit Habtemariam | 1 month ago

Choice’s Hostile Bid for Wyndham: 6-Month Timeline

Hotels

Choice Hotels Offers to Buy Wyndham for $7.8 Billion, Wyndham Rejects Bid

This is in essence a hostile takeover, and the acquisition may not go through. But if it does, it will create the largest budget hotel player in North America.

Sean O'Neill | 1 month ago

Choice Hotels Offers to Buy Wyndham for $7.8 Billion, Wyndham Rejects Bid

Online Travel

After Booking Deal Went Bust, Etraveli CEO Says Price ‘No Longer in Play’

Booking.com's appeal of the adverse European Commission decision on its merger with eTraveli Group will take years to play out. If self-styled "bigger fish" eTraveli is still around for the taking, it would cost considerably more.

Dennis Schaal | 2 months ago

After Booking Deal Went Bust, Etraveli CEO Says Price ‘No Longer in Play’

Airline Weekly

Air France-KLM to Take Stake in SAS Under $1.2 Billion Deal

Surprise, surprise! Air France-KLM's first move in Europe's latest round of airline consolidation is SAS, not TAP Air Portugal as expected.

2 months ago
Air France-KLM to Take Stake in SAS Under $1.2 Billion Deal

News Blog

Portugal to Sell Majority Stake in National Airline TAP

Portugal's Finance Minister Fernando Medina kicked off the long-awaited sale of TAP Air Portugal Thursday with the announcement that the government would sell a 51% stake in the state-owned airline to the highest bidder. In addition to monetary value, the Portuguese government seeks an investor that wants to grow TAP and its Lisbon hub, guarantee…

Edward Russell | 2 months ago

Online Travel

Booking To Appeal EU Commission’s Veto Over eTraveli deal

This move follows after Booking sent a confidential memo to the authorities challenging their decision, and laying out details for why the company thinks the commission's arguments are flawed.

Foo Yun Chee, Reuters | 2 months ago

Booking To Appeal EU Commission’s Veto Over eTraveli deal