Amadeus Takes Control of Optims

11th Nov 2004

Amadeus last night agreed to buy an additional 35% of the capital of Optims, giving it a 65% shareholding in the leading European supplier of IT services to the hospitality industry. Amadeus has agreed to pay ?3.90 per share to Optims’ founders and financial investors. The transaction is still subject to clearance from the competition authorities. If the transaction proceeds, Amadeus will file a tender offer with the French stock market authorities to the remaining Optims shareholders, at the same cash price of ?3.90 per share.


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