Kuoni drops First Choice merger offer

Article Abstract:

Kuoni Travel Holding AG announced that it would withdraw its bid to acquire First Choice Holidays PLC. The decision by Kuoni to withdraw opens to door to Airtours PLC to acquire First Choice, the third-largest tour operator in Great Britain. Only 30% of First Choice stockholders accepted Kuoni's offer. This prompted the Swiss company to allow its bid to expire. Airtours is the second-largest travel group in the UK.

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Kuoni to withdraw bid to acquire First Choice

Author: Prada, Paulo
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
Switzerland, Abstract, First Choice Holidays PLC, Kuoni Travel Holding Ltd.

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Hogg Robinson agrees to offer from buyout team

Article Abstract:

Farnborough Ltd. will acquire Hogg Robinson PLC in a deal that values the latter at 231.9 million pounds (392 million euros). Hogg is a business travel agency based in the UK.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
Insurance Agencies and Brokerages, Insurance agents, brokers, & service, Insurance Agents & Brokers, Insurance industry, Farnborough Ltd., Hogg Robinson PLC

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Amadeus to acquire web-based system for travel agents

Article Abstract:

Amadeus Global Travel Distribution SA is acquiring US-based Vacation.com for $57 million (67.9 million euros) in cash. Vacation.com is a web-based travel agent consortium.

Author: Prada, Paulo, Johnson, Keith
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
United States, On-Line Information Services, Videotex & Teletext, Telegraph & other communications, Spain, Online services, Internet services, Amadeus Global Travel Distribution S.A., Vacation.com

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Subjects list: United Kingdom, Mergers, acquisitions and divestments, Travel agents, Travel industry
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