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Amadeus warming up for public offering

19 October 2009

The move towards a stock-market listing in Madrid, potentially one of Spain’s largest ever, comes as Amadeus rival Travelport also looks to revive its own, pre-credit crunch IPO plans.

The company, controlled by private-equity firms BC Partners and Cinven Group Ltd. has hired Goldman Sachs Group, JP Morgan Chase and Morgan Stanley as global coordinators. Air France has 23.14 percent of Amadeus and Iberia and Lufthansa both have 11.57 percent each.

source: breakingtravelnews.com

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