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Private equity-backed travel agent Odigeo set for €350m IPO

3 Mar 2014

Private equity-backed travel group Odigeo is set to raise approximately €350m for its soon-to-be-announced IPO, Bloomberg has reported. The listing would value the company at around €1.5bn, with a debt pile of some €300m. Buyout firms Ardian (then AXA Private Equity) and Permira bought Opodo in 2011 from Amadeus for €450m through portfolio companies Go[...]

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