Cleary Gottlieb Steen & Hamilton and Italian firm Grimaldi Studio Legale are acting as lead advisers as Swiss travel group Bravofly Rumbo has announced a binding offer to buy booking site lastminute.com for $120m (£76m).
December 16, 2014 at 07:10 PM
1 minute read
The original version of this story was published on Legalweek
Cleary Gottlieb Steen & Hamilton and Italian firm Grimaldi Studio Legale are acting as lead advisors on Swiss travel group Bravofly Rumbo’s binding offer to buy booking site lastminute.com for $120m (£76m).
Under the terms of the offer, Bravofly Rumbo is set to acquire all of lastminute.com’s principal operations located in the UK, France, Germany, Spain and Italy, which generate combined revenues close to €260m (£207m).
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