The European Commission (EU) announced that it has conditionally approved the proposed acquisition of Asiana Airlines by Korean Air Lines after in-depth investigation. The commission has looked into the merger that was announced in November […]
The European Commission has initiated a thorough investigation to evaluate the proposed acquisition of ITA Airways (ITA) by Deutsche Lufthansa AG (Lufthansa) and the Italian Ministry of Economy and Finance (MEF) under the EU Merger
BLS International Services Ltd., one of the world’s largest visa service providers, has announced the acquisition of iDATA, a leading Turkish firm specializing in visa and consular services. This acquisition, valued at €50 million, represents
Transwestern Hospitality Group (THG) has recently announced its acquisition of Hotel Granduca, a prestigious 122-key luxury property located at 1080 Uptown Park Boulevard. This acquisition marks a significant move in the hospitality industry, as THG
Vail Resorts, Inc. (NYSE: MTN) has taken a significant step in expanding its European footprint by announcing the acquisition of Crans-Montana Mountain Resort in Switzerland from CPI Property Group (“CPIPG”). This acquisition marks Vail Resorts’
Alaska Airlines has announced a plan to acquire Hawaiian Airlines for $1.9 billion, a move that would expand its network and strengthen its market position. The deal, including debt, is set to increase Alaska’s domestic
Ango.ai, an AI-supported data labeling platform based in Ankara, has announced its acquisition by iMerit, a leading U.S.-based company specializing in AI data solutions.
Bob W, the innovative tech-driven short-term rental brand, is further expanding its presence in Helsinki by taking over the iconic former Hotel Rivoli Jardin in the vibrant Kaartinkaupunki district. This move increases Bob W’s European
Avia Solutions Group, one of the world’s leading aircraft, crew, maintenance, and insurance (ACMI) providers, has announced the acquisition of UK-based airline operator Synergy Aviation, Ltd. The move is set to strengthen the Group’s position
UTU Closes $33 Million Deal to Revolutionize Tax-Free Shopping in Travel Industry with Acquisition of CardsPal
UTU, a travel technology firm that is transforming the customer experience in tax-free shopping, has announced the close of a massive $33 million deal in combined transaction value.
Germany’s Lufthansa Group has signed an agreement with Italy’s Ministry of Economy and Finance (MEF) on purchasing a 41% stake in Italian flag carrier ITA Airways for EUR 325m through a capital increase.
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Inmarsat by Viasat.
Holiday Inn Club Vacations Incorporated, a leading vacation ownership company and partner of IHG® Hotels & Resorts (IHG), has acquired four scenic beachfront resorts located in Cancun, Playa del Carmen and the Riviera Maya, Mexico
Premier beach resort company OUTRIGGER Hospitality Group plans to acquire Kā‘anapali Beach Hotel, a beachfront resort on the Island of Maui, renowned as “Hawai‘i’s Most Hawaiian Hotel.”
Japanese videogame firm SEGA Corporation offered €706 million ($776.5 million) to acquire Rovio, the owner of the popular mobile game Angry Birds.