Tag: M&A
Uber pulls out of SE Asia with seizure by rival Grab
Grab is acquiring Uber’s operations and assets in South-east Asia including Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
The move marks Uber's...
Scott Dunn ups Asia presence with Country Holidays acquisition
Luxury tour operator Scott Dunn has acquired Singapore-based tailor-made travel specialist Country Holidays as it pursues a global expansion plan.
Over the next 12 months,...
Luxury Escapes owner goes pure travel with brand swap
Australian e-commerce business Lux Group will become a pure travel business headlined by flash deals site Luxury Escapes, following the acquisition of local competitors...
Wings acquires majority stake in Olympia Travels & Tours
London-based Wings Travel Management is acquiring a 70 per cent stake in Singapore’s Olympia Travels & Tours for an undisclosed sum, a move that will...
Panorama Destination buys up Singapore company to advance regional expansion
Panorama Destination, Indonesia, the inbound company of Panorama Leisure Group, has fully acquired Anemone Blue Investment to become Panorama Destination, Singapore.
The acquisition was aimed...