China’s Ctrip To Acquire UK Travel Search Firm Skyscanner For $1.74B

travelCtrip.com International, Ltd. has agreed to acquire all shares of Skyscanner Holdings Ltd., a U.K.-based global travel search site, for approximately £1.4 billion (US$1.74 billion), the Chinese travel giant said. The purchase price consists of cash mainly, with the minority in Ctrip shares and loan notes. The deal has won board approval at both companies […]


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