Amadeus considering Opodo sale, reports claim

Amadeus has declined to comment on weekend reports that it is considering offloading its majority shareholding in Opodo.


Advisors are believed to have been sounded out for a sale of the 55% controlling stake acquired for more than £51 million six years ago.


Amadeus is believed to now consider the Opodo stake as a non-core financial investment which is likely to attract no shortage of bidders.


Any sale is not thought to be likely until next year.


Online flights retailer Opodo was established almost a decade ago by a group of European airlines including British Airways, Air France and Lufthansa.


 

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