Travelport on Track to Go Private Later This Year; 1Q Results Weaker Than Peers Sabre and Amadeus
Narrow-moat Travelport continues to expect to go private in the first half of 2019, after its December 2018 announced takeout by asset managers Siris and Evergreen for $15.75 per share. Shareholders approved the deal in March, and the parties are just awaiting consent from Russian regulatory bodies. We plan to maintain our $15.75 fair value estimate and view the shares as fairly valued at current levels. After the transaction is completed, Morningstar will no longer cover Travelport but will con...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.