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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Booking Holdings Inc | NASDAQ:BKNG | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
104.47 | 3.01% | 3,577.38 | 3,584.38 | 3,597.00 | 3,748.21 | 3,566.91 | 3,700.00 | 535,237 | 01:00:00 |
By Sabela Ojea
The U.K. Competition and Markets Authority said Monday that it has started a probe into the acquisition of certain activities of Etraveli Group AB by Booking Holdings Inc.
The U.K. watchdog said it will investigate whether the transaction represents a lessening of competition.
On Nov. 23, 2021, Booking said it was buying global flight-booking provider Etraveli Group from funds managed by CVC Capital Partners for around 1.6 billion euros ($1.79 billion).
Booking also said that Etraveli Group would remain headquartered in Sweden and operate as an independent business under Booking Holdings.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
July 04, 2022 05:29 ET (09:29 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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