Axa Private Equity said in talks to acquire Go Voyages - Insurance News | InsuranceNewsNet

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April 12, 2010
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Axa Private Equity said in talks to acquire Go Voyages

Axa Private Equity, a unit of French insurer Axa SA (EPA:CS), is reportedly in negotiations to take over online tour operator Go Voyages from its current owners Groupe Arnault and Belgian businessman Albert Frere, Le Figaro wrote yesterday, without naming sources.

Go Voyages is said to be worth between EUR300m (USD409m) and EUR350m, the paper added.

The involved sides have not commented yet. No further details were disclosed.

Country: ; France

Sector: Tourism

Target: Go Voyages

Buyer: Axa Private Equity

Vendor: Groupe Arnault; Albert Frere

Type: Corporate acquisition

Status: Speculation

((Comments on this story may be sent to [email protected]))

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