AXA Private Equity and Permira funds have completed the acquisition of on-line travel agency Opodo Group, The Wall Street Journal reports. The group paid €450 million to Amadeus IT Holdings for the acquisition.
Opodo will be merged with Spanish travel agent eDreams, owned by Permira, and Axa’s Go Voyages, a French company. As per the deal, Opodo will continue to operate and offer their services using their respective brand names, adds AltAssets.
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