Petter Stordalen together with Altor and TDR Capital have signed an agreement to acquire the Nordic region’s most successful travel company Thomas Cook Northern Europe, also known as Ving, Spies, Tjäreborg, Globetrotter and Thomas Cook Airlines Scandinavia with more than 60 years of experience (together called Ving Group). Today, the new owners were presented at […]
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The Hellenic Republic Asset Development Fund (HRADF) announces that ten (10) investment schemes expressed today their interest (Phase A) to acquire a 30% stake in Athens International Airport SA (AIA) owned by the HRADF. In particular, Expressions of Interest were submitted by (in alphabetical order): ADP GROUPE APG ASSET MANAGEMENT AVIALLIANCE GMBh Consortium of ARDIAN […]
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CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, has entered into an agreement to acquire STR, a leader in data benchmarking, analytics and marketplace insights for global hospitality sectors. The acquisition comprises the entire STR portfolio, including STR, Inc., headquartered in Hendersonville, Tennessee; STR Global Ltd., […]
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Blackstone Real Estate Partners Europe (Blackstone) has reached an agreement to acquire five Greek hotel businesses from the Louis Group, one of the leading hotel groups in the Mediterranean, at a total enterprise value of €178.6m. The five hotel businesses are located in the Greek Islands with two in Corfu (Corcyra Beach and Grand Hotel), two […]
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Triton is to acquire the tour operating activities of Corendon Holiday Group (Corendon) through Sunweb Group (Sunweb), a Triton Fund V portfolio company. Final agreement is still subject to regulatory approvals and to employee consultation procedures. Terms of the transaction are not disclosed. Corendon is a leading tour operator group in the Netherlands and Belgium. […]
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