Cendant Pitches in with (Pounds) 27m Capture of Canvas Holidays;All 83 Jobs at Group's Dunfermline Base Are Safe
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Summary
CANVAS Holidays has been sold to the American owners of the Avis car hire business for (pounds) 27m in the second change of ownership in two years for the Dunfermline-based holiday operator.
The sale of Canvas to Cend-ant, the travel to property empire, by venture capitalist 3i follows a tough summer for the trade as operators struggled with excess capacity and miserable weather.See the full content of this document
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Cendant Pitches in with (Pounds) 27m Capture of Canvas Holidays;All 83 Jobs at Group's Dunfermline Base Are Safe
It will see Canvas being snapped up for just (pounds) 2m more than the (pounds) 25m management, backed by 3i, paid for the fir...
See the full content of this document
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