Travelocity’s deal for lastminute.com approved
Lastminute.com shareholders have backed the takeover by Travelocity.
The cash offer at 1.65p a share was approved at an EGM and the deal is now expected to be concluded on July 20.
Lastminute.com chief executive Brent Hoberman, who is to head the combined business in Europe, said: “We are delighted that shareholders have voted to accept the offer.
“The combination of lastminute.com and Sabre Holdings will create a world scale business with an even greater capability to work with global airlines and car rental groups to offer unbeatbale deals to our customers in Europe and the US”
Report by Phil Davies
Phil Davies
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.































Qatar Airways offers reduced timetable to over 60 destinations
Hands In, UATP join forces for airline multi-card payments
AirlineRatings reveals world's safest airline rankings for 2026
Vietnam warns airlines of possible flight reductions amid jet fuel shortages
Fliggy opens AI-powered travel bookings and developer tools