Articles tagged “mergers”

Club Med Parent Fosun Mulls Acquisitions in North America

Club Med Parent Fosun Mulls Acquisitions in North America

Bloomberg

Another Chinese conglomerate, this one with insurance, pharmaceutical, and tourism holdings, is looking to expand globally through acquisitions. Given that HNA Group, Dalian Wanda Group. and Anbang are scurrying to unload assets, does Fosun's strategy raise any red flags?

8 months ago

Skift Podcast: Why Accor Had No Choice But to Change

Skift Podcast: Why Accor Had No Choice But to Change

Hannah Sampson, Skift

Tune in for a candid conversation about the strategy behind AccorHotels' many acquisitions, why the company wants to be part of consumers' everyday lives, and what the CEO has learned from spending hundreds of millions of dollars on startups.

8 months ago

Apple Leisure Group to Merge With Mark Travel in Consolidation of Legacy Players

Apple Leisure Group to Merge With Mark Travel in Consolidation of Legacy Players

Andrew Sheivachman, Skift

This transaction makes one of the largest private players in leisure travel, Apple Leisure Group, even bigger and sweetens the potential reward for the almost inevitable private equity sale of its assets.

10 months ago

InterContinental Hotels Is Closing In on a Luxury Acquisition

InterContinental Hotels Is Closing In on a Luxury Acquisition

Patrick Whyte, Skift

Asset light, something with history and heritage, fewer than 200 hotels ... IHG CEO Keith Barr has quite a specific wish list. It doesn't sound like we'll have to wait too long until we find out the identity of the luxury hotel brand in question.

11 months ago

TripAdvisor Sees Stock Gains After Adding a Venture Capital Exec to Its Board

TripAdvisor Sees Stock Gains After Adding a Venture Capital Exec to Its Board

Joshua Fineman and Brad Olesen, Bloomberg

TripAdvisor will report earnings on February 14. Will its numbers be a valentine to investors? If not, perhaps the company should break up its relationship with the public markets. A move to private ownership could let it retool without fretting about quarterly targets.

12 months ago

HNA Group Enlists Bankers to Consider Sale of Its NH Hotels Stake

HNA Group Enlists Bankers to Consider Sale of Its NH Hotels Stake

Patrick Whyte, Skift

HNA Group's decision to at least consider selling its stake in NH Hotels shouldn't come as a surprise. It will be interesting to see whether one of the big hotel companies emerges as a potential buyer.

12 months ago

NH Hotels Turns Down Barceló Merger Offer But Is Open to Others

NH Hotels Turns Down Barceló Merger Offer But Is Open to Others

Patrick Whyte, Skift

NH Hotels may have turned down this approach, but it has not closed the door on others. And with minority shareholder HNA Group looking to raise cash, it wouldn't be a surprise to see another offer sooner rather than later.

1 year ago

Analysts Take Alaska Airlines to Task for Mishandling a Broad Array of Issues

Analysts Take Alaska Airlines to Task for Mishandling a Broad Array of Issues

Sean O'Neill, Skift

Many have dreamt of finding easy fortune in California. But Alaska Airlines is discovering -- via its merger with Virgin America -- that the airport tarmacs aren't paved with gold.

1 year ago

Sponsored
How Mergers and Acquisitions Are Accelerating Innovation in Travel

How Mergers and Acquisitions Are Accelerating Innovation in Travel

Cambon Partners + Skift

The travel industry has witnessed a number of successful mergers and acquisitions of major brands over the last few years. However, the deals that are truly driving innovation in the space are those that involve forward-thinking startups.

1 year ago

Latam Airlines May Have Finally Got Back Its Momentum

Latam Airlines May Have Finally Got Back Its Momentum

Eduardo Thomson, Bloomberg

This is good news for Latam but even better news for the region as it continues to deal with disappointment in Brazil and the complete failure of Venezuela.

1 year ago

Expedia Names a New Boss for Mergers and Acquisitions

Expedia Names a New Boss for Mergers and Acquisitions

Gerrit De Vynck, Bloomberg

LendingClub’s Regi Vengalil will take over corporate development. The role is a chance to shine. Expedia's current CFO and Priceline Group's current CEO previously held development roles.

2 years ago

Delta Increases Offer to Own Nearly Half of Aeromexico’s Shares as Peso Declines

Delta Increases Offer to Own Nearly Half of Aeromexico’s Shares as Peso Declines

Andrea Navarro and Michael Sasso, Bloomberg

Delta is pursuing a joint venture strategy so it is improving its offer to Aeromexico as the Atlanta-based airline tries to take an ownership stake of around 49 percent. In that respect, the ownership piece would be similar to Delta's deal with Virgin Atlantic.

2 years ago