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.
source: ttglive.com
