Amadeus bid confirmed

Monday, 13 Jan, 2005 0

Amadeus has confirmed that venture capital firms BC Partners and Cinven are to launch a bid for the GDS.

As reported, the main airline shareholders in Amadeus – Air France, Lufthansa and Iberia – have selected the two financial institutions as preferred bidders for the company at a price of euros 7.35 per share. 

The aim is to de-list the Madrid-based GDS for the stock market, with the three airlines still retaining an interest in the business.

Report by Phil Davies

 

 



 

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Phil Davies



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