Articles tagged “eNett”

The Inside Story of an Activist Investor’s Fight for Travelport

The Inside Story of an Activist Investor’s Fight for Travelport

Sean O'Neill, Skift

Few companies other than activist investor Elliott Management expressed a serious interest in acquiring Travelport. Elliott twice lost potential private equity partners after they reviewed Travelport's books. The deal price is underwhelming, and that's a signal that some things haven't been going the company's way.

4 months ago

Travelport Close to Being Taken Private by Activist Investor

Travelport Close to Being Taken Private by Activist Investor

Sean O'Neill, Skift

Travelport has only been on the public market for four years, but hedge fund Elliott Management believes it can engineer a leveraged buyout that will unlock more value from the company. A spin-off of payments unit eNett is a likely early goal.

5 months ago

Travelport’s Bet on a Commercial Payments Business Begins to Pay Off

Travelport’s Bet on a Commercial Payments Business Begins to Pay Off

Sean O'Neill, Skift

While Travelport is best known as a middleman for selling airplane tickets, its fastest-growing segment is in commercial payments. While payments competitors like Wex and Worldpay don't have to worry yet, they may have to soon.

2 years ago