Logitravel to merge with Viajes El Corte Inglés.

Logitravel, a global travel business, agreed to merge with Viajes El Corte Inglés, an operator of a retail department store group. Financial terms were not disclosed. “It will be a benchmark in certain products, such as Disney or cruises, and it will have a strong presence in Spain, Portugal, France, Germany and Latin America. This is the starting point of a company that is created with great ambition and with a roadmap in which new alliances are contemplated that could be added to the project," El Corte Inglés.