Hotels, Restaurants and Leisure
Company Overview of Lastminute.com Limited
Lastminute.com Limited operates last minute travel and leisure site. Its site provides last minute deals on hotels, spas, city breaks, meals out, flights, villas, cars, theatres, restaurants, and entertainment venues in the United Kingdom and internationally. The company was incorporated in 1999 and is based in London, United Kingdom. As of March 1, 2015, Lastminute.com Limited operates as a subsidiary of Bravofly Rumbo Group N.V.
39 Victoria Street
London, SW1H 0EE
Founded in 1999
Key Executives for Lastminute.com Limited
Co-Founder, Chairman of the Board and Executive Director of Last Minute Network Limited
Head of Lifestyle Trading
Compensation as of Fiscal Year 2014.
Lastminute.com Limited Key Developments
Sabre Reviews Strategic Options For itslastminute
Aug 27 14
Sabre Corporation (NasdaqGS:SABR) announces that it is exploring strategic options including a potential sale for itslastminute.com business unit. Tom Klein, President and Chief Executive Officer of Sabre, said, "The decision to review strategic options for lastminute.com supports Sabre's strategy to focus on our core business as the world's leading technology provider to the global travel and tourism industry," Klein added. Sabre has retained international advisory-focused Houlihan Lokey, Inc., as advisor for the strategic review.
Sabre Reportedly Seeks To Sell Lastminute
Aug 18 14
lastminute.com plc is reportedly up for sale by Sabre Holdings Corporation. According to Sky News, Sabre has appointed bankers from Houlihan Lokey to oversee an auction for Lastminute, which it bought for £577 million in 2005. "We are always reviewing options to make our technology company as successful, relevant and innovative as possible," a Sabre spokesperson said. "If we have news to share, we commit to doing so quickly and transparently."
Lastminute.com Up For Sale
Aug 17 14
Sabre Corporation (NasdaqGS:SABR) has put up lastminute.com plc up for sale. lastminute.com is owned by Sabre's subsidiary Travelocity Europe. Sabre has appointed bankers at Houlihan Lokey, an advisory firm, to oversee an auction, and has already begun sounding out potential buyers, according to Sky News. It is understood that Sabre is prepared to accept a substantial loss on the roughly £600 million it paid for lastminute.com in order to sell.
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March 2, 2015