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Announced

TheFork to acquire Bookatable from Michelin.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Online and Social Platforms

Private

Friendly

Single Bidder

Acquisition

Pending

online restaurant reservation

United Kingdom

Majority

Domestic

Synopsis

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TheFork, a subsidiary of TripAdviser, an online restaurants reservation platform, agreed to acquire Bookatable, an online restaurant reservation service, from Michelin, a mobility company. Financial terms were not disclosed. "We are happy to add Bookatable by Michelin to the TripAdvisor family. This agreement allows us to continue expanding our business geographically, while offering an even more valuable service to restaurants and diners alike. We’ll soon make Michelin-selected bookable restaurants more visible on our platforms to better serve our users and drive the right customers to each restaurant,” Bertrand Jelensperger, TheFork CEO.

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