Cathay Pacific Redeems 50% of Hong Kong Government’s Preference Shares, Aims to Complete Buyback by July 2024

Cathay has bought back 50% of the Hong Kong SAR Government’s preference shares and plans to buy the remainder by the end of July 2024 (IN SHORT) Cathay Pacific Group has achieved a significant milestone in its recovery plan by repurchasing 50% of the HK$19.5 billion preference shares issued to the Hong Kong Special Administrative… Read the full press release

Huazhu Group to acquire all shares of Deutsche Hospitality

Shanghai, China/ Singapore/ Frankfurt, Germany, 2019-Nov-05 — /Travel PR News/ — Huazhu Group (“Huazhu”), a leading multi-brand hotel group (Nasdaq: HTHT), announced today (November 04, 2019) that it reached an agreement to acquire all shares of Deutsche Hospitality (“the company”), a renowned international hotel group, through its wholly owned subsidiary China Lodging Holding Singapore. Deutsche… Read the full press release

Siris Capital Group and Evergreen Coast Capital to acquire all the outstanding common shares of Travelport for $15.75 per share in cash

Agreement with Siris Capital and Evergreen Coast Capital Travelport to continue technical innovation under private ownership Guidance updated. Acquisition expected to close Q2 2019 LANGLEY, U.K., 2018-Dec-14 — /Travel PR News/ — Travelport Worldwide Limited (“Travelport”) (NYSE: TVPT), a leading travel technology company, today (10 December 2018) announced that it has entered into a definitive… Read the full press release