Thursday, September 20, 2018

Minoan to sell Stewart Travel for £6.5 million and focus on developing a new luxury resort in Crete

Minoan has reached a conditional agreement to sell its travel and leisure division, Glasgow-based Stewart Travel, to Zachary Asset Holdings for £6.56 million. As part of the deal, ZAH will lend Stewart Travel around £782,000 to repay its debt to Minoan. Duncan Wilson, managing director of both Minoan and Stewart Travel, Rick Green and Brian […]

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