Booking Holdings has announced an agreement with CVC Capital Partners to buy Etraveli Group, a global flight booking provider for 1.63 billion euros (about $1.83 billion), to help offer frictionless flights, according to a Tuesday (Nov. 23) press release. Etraveli Group will remain headquartered in...
September 01, 2023
European Union (EU) regulators are reportedly poised to block Booking Holdings’ 1.63 billion euro purchase of Sweden’s Etraveli Group. The decision comes as concerns arise about the potential consolidation of Booking’s market position and its adverse impact on competitors, the Financial Times (FT) reported Friday (Sept. 1). While the United Kingdom’s Competition and Markets Authority approved the deal a […]
November 23, 2021
Booking Holdings has announced an agreement with CVC Capital Partners to buy Etraveli Group, a global flight booking provider for 1.63 billion euros (about $1.83 billion), to help offer frictionless...
