The English Court Closes an Agreement to Buy Back 25% of Its Travel Subsidiary in the Hands of Tool Factory
17 Articles
17 Articles
The agreement reached between El Corte Inglés and the Tool Factory covered the integration of the travel agency business of both companies, including holiday travel, business travel, incentives, congresses and events.
The English Court assumes that the tourist business is booming, and one of the jewels of its crown must be key to the growth of the company. That is why, this Thursday, they have announced an agreement with Tool Factory to acquire its 25% and take 100% of the group.It is a movement that was on the company's road map.In fact, the president of El Corte Inglés herself, had already announced at the last Shareholders' Board that the travel division w…
Reaches an agreement with Tool Factory to recover the stake it sold to you
The company presided over by Cristina Álvarez takes this step, according to a statement, after successfully closing the technological integration and business that corresponded to Logitravel within Viajes El Corte Inglés.
The English Court has agreed to buy back 25% of Grupo Viajes El Corte Inglés that was in the hands of Tool Factory, owner of Logitravel when both companies sealed...
In the accounts he provided 220 million euros for this operation. More information: Viajes El Corte Inglés, the only candidate for the mega-contract for government travel suspended by the justice system
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