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New Deal


Announced

Completed

Tourism Holdings completed the merger with Apollo Tourism & Leisure in a $98m deal.

Financials

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Transaction Value£74m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

Friendly

Single Bidder

Travel and Tourism

Majority

Cross Border

Acquisition

Scheme

tourism leisure

Public

Completed

Synopsis

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Tourism Holdings, a large New Zealand tourism company, completed the merger with Apollo Tourism & Leisure, an Australian tourism leisure company, in a $98m deal. "The two businesses have similar operations and like-minded cultures, and we both strongly believe in the potential of the global RV market. The proposed merger would give us a better platform to meet the ongoing impacts of Covid-19, continue to offer our guests the best combination of products, services and prices possible, and better leverage the re-opening of global travel," Luke Trouchet, Apollo Managing Director.

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