Tuesday, December 11, 2018

Travelport sold for $4.4 billion to US private equity investors

Travelport has been sold to a coalition of US private equity investors. Siris Capital Group and Evengreen Coast Capital, private equity affiliate of Elliot Management Corp, announced completion of their buyout of the UK-based GDS operator on Monday (December 10). The investors paid $15.75 per Travelport share, amounting to a valuation of around $4.4 billion. Travelport’s headquarters will remain […]

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