C&N remains interested in buying Thomson Travel despite rebuff

Article Abstract:

C&N Touristic AG is still interested in acquiring Thomson Travel Group despite the fact that it was initially rebuffed. C&N is hoping that Thomson's objections to a deal will be dropped.

Germany, C and N Touristic AG, Thomson Travel Group

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Kuoni focuses its growth strategy on existing and online travel market

Article Abstract:

Kuoni Travel Holding Ltd. is concentrating its growth plans on upscale, nice markets in the US, Europe, and Asia. The company is also focusing on current and online travel markets.

Switzerland, Kuoni Travel

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Airtours to let First Choice bid lapse June 24

Article Abstract:

Airtours PLC announced that it will permit its proposed hostile takeover offer of First Choice Holidays PLC to expire. Airtours has come under a great deal of pressure from a regulatory probe in Europe. The company said that it would hold further talks with the European Commission (EC) and study the possibility of making another offer for First Choice over the next 12-month period.

Comment:

Airtours to permit proposed hostile takeover offer of First Choice Holidays to expire

Asset sales & divestitures, Acquisitions & mergers, Abstract, First Choice Holidays PLC, Airtours PLC

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