Amadeus looks to sell majority stake in Opodo
11 September 2010Madrid-based Amadeus is reported to have held initial talks with several investment banks about selling its 55% shareholding in Opodo, which was originally set up by airlines such as British Airways, Air France and Lufthansa in 2001.
Amadeus paid 62 million for the majority stake in Opodo in 2004 and would be expected to make several times this amount in any sale.
