Axa, Permira Win EU Approval for Opodo Online Travel-Agency Deal

Axa Private Equity and Permira Advisers LLP won European Union approval to add Amadeus IT Holding SA (AMS)’s Opodo online travel agency to their Internet travel businesses.

Combining Opodo with Axa and Permira’s Go Voyages and eDreams online travel agencies won’t harm competition because they face “sufficient competition” from airlines’ own websites, the European Commission said in an e-mailed statement.

To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net.

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.

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