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Permira, AXA To Pay €450M For Opodo

Amadeus IT Holdings is selling online travel unit, Opodo, to buyout firms, Permira and AXA Private Equity.

    Amadeus IT Holdingsisselling online travel unit,Opodo, to buyout firms,PermiraandAXA Private Equity,The Wall Street Journalreports. The Spanish global travel and tourism transaction processor is expecting a total of €450M from the sale.

    这两家私人股本公司bmitted a joint bid through Spanish travel agenteDreams, which Permira bought last July, andGoVoyages, French online agent that AXA bought last May. The sale is being handled byJPMorgan Chase.Carlyle Groupalso submitted a bid for Opodo.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromReuters.

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