Travelport Worldwide Limited announces agreement to be acquired by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp. in all-cash transaction valued at approximately $4.4 billion
- Agreement with Siris Capital and Evergreen Coast Capital
- Travelport to continue technical innovation under private ownership
- Guidance updated. Acquisition expected to close Q2 2019
LANGLEY, U.K., December 10, 2018: Travelport Worldwide Limited (“Travelport”) (NYSE: TVPT), a leading travel technology company, today announced that it has entered into a definitive agreement to be acquired by affiliates of Siris Capital Group, LLC (“Siris”) and Evergreen Coast Capital Corp.
Travelers say technology is key to their travel experience
- Travelport’s 2018 Digital Traveler Survey highlights continuing demand for digital tools
- Mobile devices remain vital whilst new technologies grow in prominence
- India retains top position in this year’s global digital traveler country rankings
Travelport Worldwide Limited Reports Third Quarter 2018 Results
LANGLEY, U.K., November 1, 2018 — Travelport Worldwide Limited (NYSE: TVPT) today announced its financial results for the third quarter and nine months ended September 30, 2018.
Key Points (for the third quarter unless stated otherwise)
Travelport launch digital media campaign with Kansai Airports to boost inbound passenger traffic
31October 2018, HongKong: Travelport (NYSE:TVPT), the leading travel commerce platform, together with Kansai Airports today announced the launch of an integrated digital media campaign. Being part of the recovery plan after Typhoon Jebi for Kansai International Airport, an airport managed by Kansai Airports, the campaign is aimed at attracting more overseas tourists to visit the Kansai region in Japan during the upcoming winter season.
Southwest Airlines continues content distribution partnership with Travelport
(Langley, UK and ATLANTA) October 24, 2018: Travelport (NYSE:TVPT), a leading travel commerce platform, announced today that Southwest Airlines Co. (NYSE:LUV) has agreed to renew its long-standing partnership with Travelport.
Travelport becomes first GDS operator to offer NDC content
Langley, UK, Tuesday 23 October, 2018: Travelport (NYSE:TVPT), the leading travel commerce platform, has become the first GDS operator to manage the live booking of flights using the International Air Transport Association’s (IATA) New Distribution Capability (NDC) technical standard.
Interjet and Travelport Sign Long-term Partnership Agreement
MEXICO CITY, October 17, 2018 Interjet Airlines announced a long-term partnership agreement with Travelport, a leading provider of distribution, technology, payment and other solutions for the $7 trillion global travel and tourism industry. Interjet will deploy the Travelport Rich Content and Branding and Merchandising Management Portal solutions. The Rich Content and Branding package offers Interjet the ability to display graphical content for fares and a full range of ancillary products.
