Sabre Holdings, the US firm which owns Travelocity, has announced that it has agreed a sale of Lastminute.com to a Swiss travel business. Bravofly Rumbo will pay $120 million for the online travel business with the sale expected to complete this Spring. This will bring lastminute.com’s global operations in the UK, France, German, Italy and Spain into Bravofly Rumbo’s ownership where they will complement its existing hotel and holidays brand.
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