Saga backers sell chunk of business
Saga’s private-equity backer Acromas has cut its stake in the group after selling 11% of its shareholding to raise £239 million.
The 122.5 million shares were bought at 195p each. The sale will reduce Acromas’ stake in the over-50s travel, insurance and personal services group to 51%.
Acromas is made up of Saga employees along with private-equity groups Charterhouse Capital Partners, CVC Capital Partners and Permira.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive