Audley Travel deal could be imminent

Wednesday, 05 Mar, 2012 0

A deal by investors to buy a £90 million stake in Audley Travel could be decided within a month according to the Sunday Times.

Equistone, the buyout firm which used to be part of Barclays, has emerged as favourite to buy a stake in the upmarket holiday company after rival firm Phoenix Equity Partners dropped out.

It is believed the owners of the Oxfordshire-based business Craig Burkinshaw and John Brewer will stay on at the travel firm, using the money to fund expansion in America.



 

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